The Acquisition of Endesa by Gas Natural: Why the Antitrust Authorities are Right to Be Cautious

J. Barquín, L. Bergman, C. Crampes, J.M. Glachant, R. Green, C von Hirschhausen, F. Leveque, S. Stoft

The Electricity Journal Vol. 19, nº. 2, pp. 62 - 68

Summary:

In the electricity sector the use of merger remedies is a risky game to play. To protect consumers, economics suggests that merger controls be more cautious and stringent than in other sectors. It is better to risk being wrong in prohibiting a merger or imposing severe procompetitive remedies than to risk being wrong in approving a merger with possibly ineffective remedies.

DOI reference: https://doi.org/10.1016/j.tej.2006.01.002

Published on paper: March 2006.

Published on-line: February 2006.

Citation:
J. Barquín, L. Bergman, C. Crampes, J.M. Glachant, R. Green, C von Hirschhausen, F. Leveque, S. Stoft, The Acquisition of Endesa by Gas Natural: Why the Antitrust Authorities are Right to Be Cautious. The Electricity Journal. Vol. 19, nº. 2, pp. 62 - 68, March 2006. [Online: February 2006]