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Regions :: Western Europe :: Germany

... Commission Threatens to Break Up Leading Companies

12:27 PM MDT | July 23, 2007 | Chemical Week Editorial Staff

Kroes: Uncomfortable reading for suppliers. The European Commission has increased pressure on leading electricity and gas companies in the European Union (EU) by announcing proposals to break up those companies that control both energy supply and distribution networks, such as pipelines and storage facilities, and threatening to use antitrust legislation against firms that do not comply. The proposals form part of the commission’s recently announced energy policy for the EU and build on a 2003 directive to liberalize EU energy markets. The commission last...

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