Europe Wrestles with the Gazprom Cronies
By reactivating its antitrust case against Russia's state-owned natural gas producer, Gazprom, the European Commission will probably help five former Communist countries get Russian gas at lower prices. Arguably, however, it shouldn't have bothered: These and other countries are doing a lot by themselves to make their energy markets more competitive. And Russia is wrong to cling to Gazprom's politicized business model. It's in everyone's interest to turn the company into more of a market player.
To continue reading this article you must be a Bloomberg Professional Service Subscriber.
If you believe that you may have received this message in error please let us know.
- The Trump-Russia Probe Is About to Get Uglier
- Trump Is a No-Show in the Fight Against Opioids
- Bitcoin Futures and Banky Thoughts
- Bitcoin Futures Aren't a Big Hit, and That's Good
- Bitcoin Is a Bit of a Miracle at Any Price
- What's the Value of Bitcoin? Who Knows
- The Tax Bill Won't Matter When It's Time to Vote