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ECJ Rules Against Spanish Protectionism

Posted in Europe,Legal,Spain by Cheryl Morgan on the July 18th, 2008

Back in 2006 Germany power company, E.ON, attempted to buy Endessa, a Spanish company. Although the European Commission approved the bid, it was blocked by Spain’s National Energy Commission. The wheels of European justice grind fairly slowly, but yesterday the European Court of Justice ruled that Spain had no right to block the purchase. More details on EurActive.

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