EC can curb Gazprom monopoly says Sweden's Bildt
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| "The Commission has proved that they can use (competition authority)
| against Microsoft and General Electric and they can use it ...
| against Gazprom, if that was necessary as well," Bildt told
| Reuters in an interview.
|
| The ultimate sanction the European Union competition authority can
| take is to bar a company from doing business within the EU, if iti
| s proven to have violated EU law.
|
| This gives it sway over the companies such as General Electric
| Co. and Microsoft Corp. because they do business in the bloc. But
| anti-trust authorities worldwide have been notably ineffective
| against the open cartel activities of OPEC.
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http://yahoo.reuters.com/news/articlehybrid.aspx?storyID=urn:newsml:reuters.com:20061218:MTFH81138_2006-12-18_21-51-18_L18130396&type=comktNews&rpc=44
http://tinyurl.com/ybrysx
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