Antitrust Probe May Sting E.U. Energy Firms

Law360, New York (January 5, 2007, 12:00 AM EST) -- As European Union regulators prepare to make public the results of a long-running probe into the energy sector, Europe’s largest energy companies may be the subject of a renewed crackdown after early reports revealed the inquiry found evidence of anti-competitive practices.

The 16-month investigation into the energy sector identified collusion and other severe market failings, the Financial Times said Friday.

E.U. Competition Commissioner Neelie Kroes, who has in recent months been calling for Europe to break up its national incumbents in order to ensure sustainable and...
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