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Gas Natural/Endesa saga instrumental in prompting antitrust rethink, says Endesa lawyer

By Mike Elkin ( October 9, 2006, 10:08 GMT | Insight) -- The European Commission may have to cede to political pressures to keep current rules on merger jurisdiction in place, according to a lawyer for Endesa, but at least - thanks to the Gas Natural/Endesa saga - the issue is on the table. The merger has also been instrumental in prompting a new resolve in Brussels to counter national protectionism, said Clifford Chance's Miguel Odriozola, handling the competition issues for Endesa while it’s a takeover target.Madrid -- The European Commission may have to cede to political pressures to keep current rules on merger jurisdiction in place, according to a lawyer for Endesa, but at least - thanks to the Gas Natural/Endesa saga - the issue is on the table. The merger has also been instrumental in prompting a new resolve in Brussels to counter national protectionism, said Clifford Chance's Miguel Odriozola, handling the competition issues for Endesa while it’s a takeover target....

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