ENERGY : COURT OF FIRST INSTANCE FINDS AGAINSTaENDESA.
The European Court of First Instance confirmed on 14 July under the accelerated procedure that the examination of the takeover bid from the Spanish group Gas Natural for its compatriot Endesa, announced on 5 September 2005, does not fall within the European Commission's ambit (Case T-417/05). The Commission ruled on 15 November 2005 that the merger did not have an EU dimension. Endesa challenged this decision before the Court of First Instance on 29 November 2005 on the grounds that in reaching its decision, the Commission had incorrectly evaluated group...
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