EC Signs Off On GDF Suez Competition Fixes

Law360, New York (December 3, 2009, 5:02 PM EST) -- The European Commission accepted commitments from GDF Suez on Thursday to resolve its concerns that the French utility abused its dominant market position and limited competitors' access to the gas import infrastructure, making GDF the third energy giant to strike such a deal, following Germany's RWE Group and E.ON AG.

The regulator approved the offer to increase competition in the French gas market by lowering its long-term reservations on the country's gas import infrastructure capacity.

GDF's proposed remedies call for the utility to "rapidly release a...
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