COMMISSION CLEARS CZECH SLOVAK AIR FUEL DEAL
July 1st, 2007
BY KEITH NUTHALL
THE EUROPEAN Commission has cleared the proposed acquisition by Eni of Italy of Esso Ceska and Esso Slovensko, who supply jet fuel to Prague and Bratislava airports. Acting as the European Union competition regulator, a Commission inquiry concluded it was "highly unlikely" the merged group would use its wholesale muscle to "close off supply" to retail competitors.
ENDS
THE EUROPEAN Commission has cleared the proposed acquisition by Eni of Italy of Esso Ceska and Esso Slovensko, who supply jet fuel to Prague and Bratislava airports. Acting as the European Union competition regulator, a Commission inquiry concluded it was "highly unlikely" the merged group would use its wholesale muscle to "close off supply" to retail competitors.
ENDS
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