EU TriesAgainto Split Utilities

The aim is to boost competition. But Europe's leaders are still divided as to how, or whether, to break up energy giants like EDF and E.ON

The European Union took its latest shot at boosting competition in Europe's energy sector on Sept. 19, outlining plans to reduce the strength of European energy giants by deregulating the power business. Despite last minute horse-trading, Jose Manuel Barroso, the European Commission President, endorsed a tough line against vertically-integrated energy companies such as France's EDF (EDF.PA) and Germany's E.ON (EON) that both generate electricity and supply it to consumers.

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