EU Confronts 25 States About Energy Competition

Law360, New York (June 25, 2009, 12:00 AM EDT) -- The European Commission has accused all but two of its member nations of violating electricity and gas regulations meant to ensure consumer access to better prices by maintaining open and competitive energy markets, the watchdog said Thursday.

The regulator sent formal notice letters claiming that the countries had failed to comply with a number of regulations from the so-called Second Package of 2003, legislation reforming internal energy markets that went into place from 2004 to 2007. The EU has since sought to reform "a number of...
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