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The toughest measure suggests declaring the European energy sector "a strategic industry" (Photo: Wikipedia)

Foreign bidders likely to face restrictions in EU energy market

Brussels is planning to prevent foreign companies from having "uncontrolled access" to the European energy sector in a bid to alleviate the fears of EU capitals opposing the separation of supply and distribution channels in energy companies, known as unbundling.

According to a European Commission internal paper, cited by the Financial Times, non-European energy firms are likely to face a number of restrictive measures, which would significantly curb their ambitions to expand in Europe ...

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The toughest measure suggests declaring the European energy sector "a strategic industry" (Photo: Wikipedia)

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