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Europe Daily Bulletin No. 8845

10 December 2004
Contents Publication in full By article 19 / 42
GENERAL NEWS / (eu) eu/competition
Neelie Kroes' first opposition to merger involves EDP and ENI's take-over of Gas de Portugal

Brussels, 09/12/2004 (Agence Europe) - On 9 December, as expected, the European Commission refused the planned takeover of the historic Gas de Portugal (GDP) by Energias de Portugal (EDP) and Italian energy company ENI. Neelie Kroes the Commissioner for competition explained that at the end of an investigation that was both "scrupulous and meticulous", the Commission's opinion was shared almost unanimously by the national competition authorities. The Commissioner believes that this merger...

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