Financial Times FT.com

Brussels

Barroso takes whip to energy monopolies

By George Parker and John Thornhill in Brussels

Published: September 11 2006 22:09 | Last updated: September 11 2006 22:09

Europe’s national energy giants need to be exposed to greater competition or broken up to transform the sector, according to José Manuel Barroso, the European Commission president.

Mr Barroso says new laws are the only way to guarantee increased access to Europe’s energy market, and to give muscle to regulators to break the grip of monopolistic suppliers.

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