Vertical effects – Conglomerate effects: The French Competition Authority cleared in phase I an acquisition in the sector of electricty and gas supply subject to conditions (Enerest, Électricité de Strasbourg)

*This article is an automatic translation of the original article, provided here for your convenience. Read the original article. Aut. conc. dec. no. 12-DCC-20 of 7 February 2012 relating to the acquisition of sole control of Enerest by Électricité de Strasbourg The operation, which was cleared subject to commitments, consisted in the acquisition of sole control of Enerest by Electricité de Strasbourg (ES), an 88.82% subsidiary of EDF. ES is a local distribution company ("LDC") responsible for the supply of electricity at regulated tariffs in the department of Bas-Rhin. Enerest, also ELD, is responsible for the supply of natural gas at regulated tariffs in the Strasbourg conurbation. Both companies also both supply gas and electricity on the free market. Relevant markets The