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Chemical Week Magazine :: Business & Finance :: Europe/Mideast

Brussels Moves to Force Open EU Energy Markets

8:45 AM MDT | July 30, 2007 | Ian Young

The European Commission has launched legal charges against 16 European Union (EU) member states for failing to liberalize their national energy markets in accordance with an EU directive, and raided the offices of four leading German electricity companies as part of a probe into suspected anticompetitive practices. The moves demonstrate the commission’s determination to push through plans to open EU electricity and gas markets to competition, despite opposition from certain energy companies, many of which were formerly state owned, and from some EU...

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