EU competition chief Neelie Kroes won a crucial victory Wednesday when an appeals court upheld the European Commission's prohibition of an Iberian energy deal. Validating the first merger prohibition under Kroes, the Luxembourg-based Court of the First Instance upheld the commission's decision last December barring EDP-Energias de Portugal SA and Italy's Eni SpA from jointly acquiring G�s de Portugal SGPS SA.
September 22, 2005 at 12:00 AM
1 minute read
The original version of this story was published on Law.Com
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