FRANCE FACES COMMISSION PROBE INTO POWER TARIFFS
June 1st, 2007
BY PAUL COCHRANETHE EUROPEAN Commission has opened a formal investigation into whether large and medium sized companies in France unfairly and illegally benefit from artificially low electricity tariffs.If the investigation, assessing compliance with European Union (EU) EU state aid regulations, finds that such tariffs are unlawful state subsidies, distorting competition within the EU single market, it could order their repayment.At present companies in France can either buy electricity from the liberalised market or from regulated French providers at rates ...
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