We use cookies on this site to enable your digital experience. By continuing to use this site, you are agreeing to our cookie policy. close

Monopoly Concerns Raised In French Energy Merger

Law360 (March 8, 2006, 12:00 AM EST) -- Gaz de France SA and Suez SA, the French energy companies currently involved in a blockbuster merger, will have to sell off some of their Belgian businesses to prevent monopolizing the country’s energy market, Belgium's prime minister said Wednesday.

Belgium is concerned that the merger between Suez and GDF would consolidate foreign control of the country's electricity and gas sectors, leading to higher prices and job losses. The Suez-GDF union is slated to create a huge new European force in the water, waste services and energy...
To view the full article, register now.
Law360 Pro Say Podcast
Check out Law360's new podcast, Pro Say, which offers a weekly recap of both the biggest stories and hidden gems from the world of law.