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EC Statement: Energy sector inquiry confirms serious problems and sets out way forward

( February 16, 2006, 09:45 GMT | Official Statement) -- ****************************************The European Commission will pursue investigations under EC Treaty anti-trust rules into specific cases of closing off gas and electricity markets by means of long-term downstream contracts and of restricting access to gas and electricity transport infrastructure and storage capacity. The Commission will also consider competition and regulatory remedies to a number of other serious malfunctions in the energy sector that have been confirmed in the preliminary report just published on the findings of the energy sector inquiry launched in June 2005 (see IP/05/716 and IP/05/1421). The report is based on responses from the energy industry and customers. Interested parties can comment on the preliminary report during a two month consultation period....

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