Local view for "http://purl.org/linkedpolitics/eu/plenary/2006-06-13-Speech-2-259"

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"en.20060613.27.2-259"2
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". As we are all aware, there are quite a number of issues to be dealt with. But first let me first correct one point in the oral question by the honourable Member. Contrary to what he is implying in his question, the Commission has not yet formed any opinion on whether the proposed merger between Suez and Gaz de France complies with the EC merger regulation. The proposed merger was indeed notified on 10 May 2006 and the Commission will take a decision by 19 June 2006 as to whether or not a thorough second-phase investigation under the EU merger regulation will be necessary. This assessment will be based on the wide-ranging market investigation currently under way. The honourable Member can rest assured that the Commission is investigating this case very carefully – like all other cases, by the way – in order to assess the impact of this operation on the European energy sector, and in particular in Belgium and in France, where those parties have a very important market position. The Commission cannot prejudge the result of the investigation – you would not blame me for that. The extent and gravity of any possible competition problems can only be established after the market investigation; but, should this investigation confirm the existence of any competition problems, then the parties would have the opportunity to propose appropriate remedies, and this is in line with the usual practice. Finally, the Commission would wish to recall its extensive experience in assessing remedies based on earlier cases, especially in this sector."@en1
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