PORTUGAL GAS MERGER CASE
September 1st, 2005
BY ALAN OSBORNA DECISION by the European Court of Justice's (ECJ) Court of First Instance to uphold a move by the European Commission to block the proposed acquisition of Gas de Portugal by Energias and ENI has dismayed the European electricity industry, which believes the prohibition stands in the way of creating a genuine pan-European electricity market. Although Eurelectric, the association of European electricity producers, declines comment on specific cases, Chris Boothby, director of communications, said the organisation believed that the European Union ...
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