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Europe Daily Bulletin No. 8035

29 August 2001
GENERAL NEWS / (eu) eu/competition
Commission approves Fiat/Italenergia's takeover of Monedison but case should be reviewed should EDF increase its stake

Brussels, 28/08/2001 (Agence Europe) - The European Commission has authorised the Fiat group, through Italenergia, to take control of the Italian electricity company Monetedison and its subsidiaries Edison and Sondel. "The acquisition of sole control by fiat of Montedison does not raise any competition concerns on the Italian electricity market, which is still dominated by Enel. However, the Commission would have to carry out a new competitive assessment of the cae if EdF were to gain a...

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