German Regulator Discourages Energy Unbundling

Law360, New York (November 7, 2007, 12:00 AM EST) -- Germany's top competition regulator has expressed skepticism about a European Commission plan to break up the European Union's largest energy companies, calling the proposal “a last resort.”

Bernhard Heitzer, president of the German antitrust authority, said on Wednesday that the member state's four major energy companies should be unbundled only after other options have been discussed, according to German newspaper Westdeutsche Allgemeine Zeitung.

The European Commission has repeatedly called for the break up of large national energy companies, introducing a proposal that would force the companies...
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