Monopoly Concerns Raised In French Energy Merger

Law360, New York (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...
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