Article: COMPETITION : DAMNING FINAL REPORT ON SECTOR INQUIRIES.(European Commission, gas and electricity markets)

After a year of false suspense, European Commission DG Competition has at last published its final report on the sector competition inquiries launched in mid-June 2005, in the electricity and gas sectors. Not surprisingly, this very concise report pinpoints the dubious practices of the incumbents without actually naming any of them. It is an open secret, since some have already been the subject of inspections over the last year.

Nonetheless, this report supports the argument of the report on the functioning of the electricity and gas markets (see separate article on page 4) adopted on the same day, 10 January, under the Energy Package. It proposes priority action ...

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