Europe of energy on the merge

All big European energy groups are ready to expense huge sums to take possession of their rival. With the opening of European energy markets, each group must be present in both the gas and in the electricity sectors. However, the European Commission monitors the growth of each energy group to prevent the creation of national monopolies and to ensure the independence of network managers. On July 1, 2007, France will fully open its gas and electricity markets to competition and has confirmed its will of maintaining its regulated prices against the advice of the European Commission. Short paper. (J.S.)