E.U. Gives Antitrust Exemptions To Estonia, Slovenia

Law360, New York (November 28, 2006, 12:00 AM EST) -- Despite the European Union’s recent attempts to crack down on energy monopolies, E.U.’s highest court ruled Tuesday that Slovenia and Estonia, both slated to join the E.U. in 2004, can keep energy industry antitrust exemptions in place for a few more years.

Both countries have requested extra time to upgrade their electricity industries before they must compete with companies from far more established E.U. member states.

Estonia said it needed to restructure its oil shale supply, which provides the country with 90% of its electricity....
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