| Author (Corporate) | European Commission: DG Communication |
|---|---|
| Series Title | Press Release |
| Series Details | IP/07/116 (31.1.07) |
| Publication Date | 31/01/2007 |
| Content Type | News |
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The European Commission has formally requested Spain to explain why it has not complied with the Commission's decisions requiring the withdrawal of certain conditions concerning E.ON’s bid for Endesa imposed by the Spanish Energy Regulator (CNE) in July 2006 and other conditions imposed by a Ministerial decision of 3 November 2006. The conditions in question were declared illegal under Article 21 of the EU Merger Regulation by Commission decisions adopted on 26 September 2006 and 20 December 2006 (see IP/06/1265 and IP/06/1853). These decisions have immediate binding effect. The request takes the form of a complementary “letter of formal notice”, the first stage of infringement proceedings under Article 226 of the EC Treaty. If there is no satisfactory reply within 15 working days the Commission may decide to issue a formal request to Spain to comply with its two Article 21 decisions. This request would be in the form of a ‘reasoned opinion’, the second stage of infringement proceedings. |
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| Source Link | Link to Main Source http://europa.eu/rapid/pressReleasesAction.do?reference=IP/07/116&format=HTML&aged=0&language=EN&guiLanguage=en |
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| Subject Categories | Internal Markets |
| Countries / Regions | Spain |
