Mergers : The CFI confirms that the merger in the Spanish energy sector had no community dimension (Endesa, Gas Natural)

*This article is an automatic translation of the original article, provided here for your convenience. Read the original article. By judgment of 14 July 2006, the Court of First Instance of the European Communities has therefore confirmed the decision by which the On 15 November 2005, the Commission had noted the absence of a s acquisition of Endesa, Spain's leading electricity company, by its compatriot Gas Natural, active in the energy sector. It has therefore dismiss the action brought by Endesa. It is true that, according to the calculations of the Commission, challenged by the target of this takeover bid, its turnover in Spain accounted for 80.07% of its turnover of Community