Ownership Unbundling - Sector Specific Regulation and Competition Law perspectives
Article from: OGEL 5 (2011), in Energy Union, EU Energy
Introduction
With the objective of creating a single European energy market in mind, the European Union decided to open up Europe's gas and electricity markets to competition. The first step towards liberalisation was taken in 1988 when the European Commission came out, on the request of the Council, with a working document, "The Internal Energy Market",[1] in which the various and potential obstacles to a single energy market were examined. According to the findings of this working document the Commission had to submit to the Council appropriate proposals for the progressive ...