
Date: Wed, 11 Jul 2001 08:26:00 -0700 (PDT)
From: peter.styles@enron.com
To: neven.dujic@enron.com
Subject: EdF's voting rights in Italenergia - and interests in Germany and
Spain
Cc: nailia.dindarova@enron.com, brendan.devlin@enron.com,
bruno.gaillard@enron.com, alfredo.huertas@enron.com
Bcc: nailia.dindarova@enron.com, brendan.devlin@enron.com,
bruno.gaillard@enron.com, alfredo.huertas@enron.com

Thanks Neven. Please keep my four colleagues copied as we go forward on thi=
s=20
potential notification.=20

You will have seen that DG COMP are keen to find a reason to force EdF to=
=20
notify to the EC, even though Italenergia as a vehicle would not have enoug=
h=20
turnover (certainly outside Italy) to trip over the EU Merger Regulation=20
criteria. If notification were to the Italian competition authority, remedi=
es=20
inside France or at the French borders could not be targetted.=20

Separately, I am in touch with the Cabinet of Mario Monti to pursue proper=
=20
implementation of remedies granted in the EdF/ EnBW case (VPP auctions) and=
=20
to drive home our submissions in the the EnBW/ Hidrocantabrico investigatio=
n.=20
My contact there confirmed the proactive stance on competition issues in th=
e=20
power and gas sectors resolved upon at the Commission session of 20 June, a=
nd=20
implied that DG COMP is "out to get" EdF by any legitimate means. I have th=
e=20
impression resources are being freed up for this purpose and our support is=
=20
welcome.=20


