France’s antitrust watchdog on Thursday gave a big boost to prospects for real competition in the country’s energy market by ordering state-controlled monopoly EDF to cut its wholesale electricity prices.
Three days before Europe’s energy markets are fully liberalised, the competition council on Thursday found that prices offered by EDF could impede fair competition from new entrants to the energy market.
From the Financial Times
1000 Euros say prices are higher in two years, profits in one.
