login
login

Europe Daily Bulletin No. 9918

11 June 2009
Contents Publication in full By article 13 / 33
GENERAL NEWS / (eu) eu/competition
Electrabel gets €20 million fine for acquisition of Compagnie Nationale du Rhône without prior authorisation

Brussels, 10/06/2009 (Agence Europe) - On Wednesday 10 June, the European Commission decided to impose a fine of €20 million on Electrabel - an electricity producer and retailer belonging to the Suez Group (now GDF Suez) - for acquiring control of Compagnie Nationale du Rhône (CNR), another electricity producer, without having received prior approval under the EU Merger Regulation. The acquisition of CNR by Electrabel was cleared by the Commission on 29 April 2008 under the EC Merger...

Contents

A LOOK BEHIND THE NEWS
THE DAY IN POLITICS
GENERAL NEWS