CASE COMMENT: MERGERS - MERGERS - JOINT VENTURE - FULL FUNCTION - COORDINATION OF PARENTS COMPANIES

Full fonction JV - Spill over: The European Commission clears the creation of a JV in the auction services of cross-border interconnection capacities and deems the JV to be full-function and considers it would not lead to any significant spill-over effects as to the coordination of the competitive behaviour of the parent companies (CASC JV)

*This article is an automatic translation of the original article, provided here for your convenience. Read the original article. – EC Comm, 14 August 2008, CCAC JV, Case COMP/M. 5154 The operation consists in the creation of a full-function joint venture (JV) between eight European electricity distribution system operators (TSOs), including RTE, the operator of the French electricity transmission network. The main function of the JV, CASC (Capacity allocation service company for central western Europe), will be to organise auctions to allocate cross-border interconnection capacities between the different European electricity distribution networks. The creation of the JV is in line with Regulation (EC) No 1228/2003 on conditions for access to the network for cross-border exchanges in

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