May 4, 2007
European Commissioner for Competition Neelie Kroes is maintaining her push for ownership unbundling in the electricity and gas sectors. Despite the protests of the French and German governments, the Commissioner is intent on forging ahead. In her most recent speech, she tackled the objections that have been raised, one by one. The attached editorial briefly looks at the arguments for and against unbundling, and attempts to provide a snapshot of the policy considerations and the potential compromises, and their possible impact on the European energy sector.
Gibson Dunn partner James Ashe-Taylor and associate Miranda Cole are the authors of "European Energy Markets: The Next Round" [PDF], which appears in Issue 15 of Utilities Law Review, published by Lawtext Publishing Limited.
Reprinted with permission, Utilities Law Review, © 2007 Lawtext Publishing Limited.
Gibson, Dunn & Crutcher’s attorneys are available to assist with any questions you may have regarding these issues. To learn more about the European energy markets, please contact the Gibson Dunn attorney with whom you work, James Ashe-Taylor (+44 20 7071 4221, firstname.lastname@example.org) in the firm’s London office, or Miranda Cole (+32 2 554 7201, email@example.com) in the Brussels office.
© 2007 Gibson, Dunn & Crutcher LLP
The enclosed materials have been prepared for general informational purposes only and are not intended as legal advice.