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Europe Daily Bulletin No. 9706

18 July 2008
Contents Publication in full By article 19 / 33
GENERAL NEWS / (eu) eu/court of justice
Court condemns Spanish system of prior authorisation for acquisitions in energy sector

Brussels, 17/07/2008 (Agence Europe) - The prior authorisation regime, applied by the Spanish national energy commission (CNE), is not compatible with Community law, the European Court of Justice ruled on Thursday 17 July 2008. The regime is therefore neither adequate nor necessary for ensuring public security, and hence the restrictions that it imposes on foreign investment in the Spanish energy sector are not justified (Case C-207/07).

The Court recognises that energy supply is likely to...

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