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E.C. Takes Legal Action Over E.On, Endesa Merger

Law360 (October 18, 2006, 12:00 AM EDT) -- After months of warnings and ultimatums, the European Commission has taken legal action against Spain over its attempt to block the merger of energy companies E.On AG and Endesa SA.

The E.C. has sent a letter of formal notice to CNE, Spain’s competition authority, notifying the agency that infringement proceedings have been initiated.

“If there is no satisfactory reply the Commission may decide to issue a formal request to Spain to withdraw the relevant conditions,” the Commission said. “This request would be in the form of...
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