Law360, New York (March 07, 2007, 12:00 AM ET) -- Angered by Spain’s continued lack of response, the European Commission on Wednesday formally requested that country’s energy authority withdraw conditions it imposed on the E.On-Endesa merger.
The formal request came after Spanish energy regulator CNE failed to respond to two letters from the Commission that said the merger conditions violated European Union rules.
The Commission’s move marks the latest chapter in a conflict that has been building since the Commission declared CNE’s conditions illegal last year. Thus far, however, the Spanish regulator has insisted that the...
E.U. Takes Further Action On E.On-Endesa Merger
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