EDF COMPETITION
December 1st, 2003
BY KEITH NUTHALLTHE EUROPEAN Commission has welcomed the decision by the French government to scrap its unlimited state guarantee of France's electricity giant EdF. The move follows intense political pressure from the Commission's competition directorate general, which has fought a long running battle with Paris to prise open the French power market. With a right-wing now government running France, Brussels' efforts have been successful, yielding a promise that the guarantee would be removed by December 31, 2004, at the latest. This will be achieved by making EdF ...
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