E.C. Probes Gaz de France, Suez Deal

Law360, New York (June 19, 2006, 12:00 AM EDT) -- The European Commission has decided to take an in-depth look at the proposed merger between French energy companies Gaz de France and Suez SA, after twice postponing approval of the deal.

The E.C. decided to launch an in-depth probe into the merger after deciding that the combination of the two companies “would raise significant (antitrust) concerns” in several markets, including the Belgian natural gas market.

“I must ensure that industry and consumers in Belgium and France do not pay the price for this merger,” E.C. Antitrust...
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