The EU Commission approves subject to remedies acquisition in the Belgian electricity market (EDF / Segebel)

"EDF/Segebel (SPE) - More power to boost competition in Belgian energy markets"*I. Introduction In September 2009, the Commission received a notification of a proposed concentration whereby Electricité de France («EDF») would acquire from Centrica, a UK energy company, a 100% stake in Segebel (hereinafter the «transaction»). Segebel is a Belgian holding company, whose only asset is a 51% stake in SPE S.A. («SPE»). EDF and its subsidiaries are active in various electricity markets, including the generation, wholesale and trading of electricity and the retail supply of electricity in France and other countries. EDF is also active, to a lesser extent, in the retail and wholesale markets for natural gas, including Belgium. Although EDF is currently the third largest operator, its presence in

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Krisztian Kecsmar, Raphaël De Coninck, Augustijn Van Haasteren, Pablo Asbo, Cyril Hariton, Polyvios Panayides, The EU Commission approves subject to remedies acquisition in the Belgian electricity market (EDF / Segebel), 12 November 2009, e-Competitions Bulletin Energy & Mergers, Art. N° 34864

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