The EU Commission imposes a fine of € 20M on electricity producer and retailer for acquiring control of a French electricity producer, without having received prior approval under the EU Merger Regulation (Electrabel / CNR)

Gatti, John

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10 Jun 2009

The EU Commission imposes a fine of € 20M on electricity producer and retailer for acquiring control of a French electricity producer, without having received prior approval under the EU Merger Regulation (Electrabel / CNR)

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Reference

EU Commission, Electrabel / CNR, Case COMP/M.4994, 10 June 2009

"Mergers: main developments between 1 May and 31 August 2009"* The Commission imposed a fine of 20 million euros on Electrabel, an electricity producer and retailer belonging to the Suez Group (now GDF Suez) for acquiring control of Compagnie Nationale du Rhône (CNR), a French electricity producer, without having received prior approval under the EU Merger Regulation. The Commission concluded that the infringement lasted for a significant period and that Electrabel should have

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John Gatti
JG Associates (Brussels)

193 contributions 62504 visits

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John Gatti, The EU Commission imposes a fine of € 20M on electricity producer and retailer for acquiring control of a French electricity producer, without having received prior approval under the EU Merger Regulation (Electrabel / CNR), 10 June 2009, e-Competitions June 2009, Art. N° 37599

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