login
login
Image header Agence Europe
Europe Daily Bulletin No. 9248
Contents Publication in full By article 12 / 22
GENERAL NEWS / (eu) eu/competition

“Statement of Objections” regarding merger project between Suez and Gaz de France

Brussels, 22/08/2006 (Agence Europe) - On 18 August the European Commission adopted a Statement of Objections in relation to the proposed merger between Suez and Gaz de France. This document, which presents the preliminary results of the indepth investigation carried out by the Commission, identifies competition problems on the following markets: gas markets in Belgium (trade, supply to different categories of customers), electricity markets in Belgium (production and wholesale markets, trade, supply to different categories of customers), gas markets in France (trade, supply to different categories of customers), the market for district heating in France. The Statement of Objections is a normal stage in a second phase merger procedure. It sets out only a provisional position of the Commission and does not prejudge the final outcome of the case. The Commission will take a definitive position only once the parties have given their views on the Statement of Objections and, as if relevant, any remedies proposed. The companies in question have until 1 September to reply to the Commission. The latter will give its decision on whether the merger will be authorised on 25 October at the latest.

Contents

THE DAY IN POLITICS
GENERAL NEWS