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E.On’s asset swap with RWE was not part of ‘single concentration,’ EU court says in rejecting appeals (update*)

By Andrew Boyce ( December 20, 2023, 09:42 GMT | Insight) -- A group of 11 utilities suffered another setback in their legal challenges of E.On’s asset swap with RWE, after the EU General Court ruled today that European Commission did not err in its assessment of E.On’s side of the deal. The commission "did not make any manifest errors in its assessment," judges said, and was right not to review the asset swap as part of a "single concentration." A group of 11 utilities suffered another setback in their legal challenges of E.On’s asset swap with RWE, after the EU General Court ruled today that European Commission did not err in its assessment of E.On’s side of the deal....

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