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This news article was originally written in Spanish. It has been automatically translated for your convenience. Reasonable efforts have been made to provide an accurate translation, however, no automated translation is perfect nor is it intended to replace a human translator. The original article in Spanish can be viewed at La Comisión Europea investigará los mercados energéticos

The European Commission will investigate the energy markets

24/02/2006

on February 24, 2006

Before suspicions of practices, against the competition and abuse of dominant positions, the European Commission announced that the energy markets will be investigated. A decision that applaud the associations that represent the industries of automobile, paper, textile, chemical, steel, bricks and tiles, large consumers of energy and the private, which make public its support and welcome to this measurethat confirms the existence of a situation denounced repeatedly by these groups and that it has meant them a serious loss of competitiveness.

Industries are affected by the escalation of prices of gas and the lack of real liberalization of energy markets for months in their companies. Despite continuous calls to the Executive take measures in this respect, sectors claim to feel unprotected in a situation which has already resulted in very serious problems.

Sectors coincide with the European Commission in which the business concentration, the constraints of access to the infrastructure of new suppliers, lack of transparency, the determination of prices by the criteria of competence and a lack of interconnections slows energy competition. Industries are in agreement that we need to urgently take steps so that the dominant operators do not block the real liberalization of markets, something that had been denouncing for some time. They also agree the appreciation that certain regulations imposed by some Member States not are favoring the real liberalization of their markets, but quite the contrary, that involve a limitation.

Anfac, Aege, ACC, AAEE, Aspapel, Intertextil, Feique Hispalyt and Unesid support the extent of the EC and believe that the situation faced by their companies is extremely serious.

Related Companies or Entities

Asociación Española de Fabricantes de Automóviles y Camiones
Asociación Nacional de Fabricantes de Pasta, Papel y Cartón
Federación Empresarial de la Industria Química Española

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