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Europe Daily Bulletin No. 8987

9 July 2005
Contents Publication in full By article 15 / 33
GENERAL NEWS / (eu) eu/competition
Commission opens in-depth investigation into E.ON's acquisition of MOL gas business

Brussels, 08/07/2005 (Agence Europe) - The European Commission has opened an in-depth investigation into the acquisition of the gas wholesale and storage activities of the Hungarian company, MOL, by the German group, E.ON. The Commission's initial investigation found that the operation could entail major competition problems at every level of the gas and electricity supply chain in Hungary because of the high degree of both horizontal and vertical overlapping of the two companies'...

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