Brussels, 11/05/2010 (Agence Europe) - On Monday 10 May, the European Commission authorised the proposed acquisition of joint control over the German transmission system operator 50Hertz Transmission GmbH by Elia System Operator SA/NV of Belgium and Industry Funds Management Pty Ltd (IFM) of Australia , under the EU Merger Regulation. The Commission concluded that the proposed transaction would not significantly impede effective competition.
50Hertz is one of the four German electricity...