EU policy: Arthur Cox – evolution or revolution
Friday, February 10th, 2012Alan Bissett and David Trethowan emphasise the need for the main energy sectors to comply with EU law. The European energy market is the last large scale market which has not been widely harmonised to date. This is unsurprising due to the vastness of the market and its highly technical nature. The EU Third Energy Package, which is made up of a series of directives and regulations, forms a regulatory framework designed to reinvigorate the integration of the European energy markets for electricity...
Energy markets: Carson McDowell – competition in the sector
Friday, February 10th, 2012Dorit McCann outlines the local relevance of UK and EU judgements. UK and EU competition law prohibit two main types of anti-competitive activity: (i) arrangements between two or more undertakings which have the object or effect of preventing, restricting or distorting competition and which appreciably affect trade in the UK or the EU1; and (ii) abuse of a dominant position in a market by one or more undertakings2. Investigation and enforcement of competition law The Utility Regulator has concurrent...
