Legislation
Act against Restraints of Competition (GWB)
The purpose of the GWB is to protect competition in Germany. German competition law prohibits companies with a dominant market position from abusing this position. Price fixing and other agreements that restrict competition between companies are generally prohibited.
In addition, the establishment and operation of the MTU Electricity/Gas is laid down in the GWB.
MTU Electricity/Gas Ordinance
To establish the MTU Electricity/Gas data collection process, the Federal Ministry for Economic Affairs and Energy (BMWi) will issue an ordinance having the force of law pursuant to section 47f GWB.
As soon as this ordinance has been issued, it will be made available on this website.
EU Regulation No 1227/2011 on Wholesale Energy Market Integrity and Transparency (REMIT)
REMIT serves to tackle insider trading and market manipulation in the wholesale trade of electricity and gas.
The Regulation entered into force on 28 December 2011.
REMIT Implementing Regulation (EU) No 1348/2014
On 18 December 2014 the European Commission released the REMIT Implementing Regulation (EU) No 1348/2014. It entered into force on 07 January 2015.
The Implementing Regulation defines the details of wholesale energy products and fundamental data to be reported to ACER under REMIT. It also establishes appropriate channels for data reporting including defining timing and regularity of data reports. Data collected by ACER will be forwarded to the MTU Electricity/Gas.
Treaty on the Functioning of the European Union (TFEU)
The European Union's aim is to establish an internal market with the free movement of goods between Member States. To achieve this end and at the same time to create uniform conditions for companies, rules to combat cartels and the control of abusive practices are enshrined in the TFEU.
Securities Trading Act (WpHG)
The WpHG serves to tackle market manipulation and insider trading on the financial market.
Stock Exchange Act (BörsG)
Compliance with the BörsG is monitored by the stock exchange supervisory authorities in the federal states. Primarily the Act regulates the organisation of market places authorised as stock exchanges and trade on the stock exchanges. It contains provisions on authorising a stock exchange, for example on the admission of securities to exchange trading and on determining the stock exchange price.
