Financial Times FT.com

EU readies for battle over energy markets

By George Parker in Berlin, Ed Crooks in London and Tobias Buck in Brussels

Published: January 10 2007 13:02 | Last updated: January 10 2007 20:43

Germany and France geared up for a battle to save their powerful integrated energy companies from being broken up after Brussels published plans on Wednesday to tackle “serious competition problems” in the sector.

The crackdown on the power giants is part of an energy policy aimed at boosting competition, fighting global warming and cutting Europe’s “addiction” to oil and gas imports from countries such as Russia.

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