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Consolidation of the Polish Electricity Sector. The Merger Law Perspective

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Skoczny T.
Yearbook of Antitrust and Regulatory Studies
|
2011
|
vol. 4(4)
169-200
EN
This article deals first of all with the most important characteristics, in terms of volume and quality, of all of those decisions issued by the Polish competition authority that were the basis for vertical consolidation of the Polish electricity sector, for which the authority gave unconditional or special approval between 2003 and 2007. This article also deals to a limited extent with the decision issued by the Polish competition authority prohibiting unconditionally the concentration of PGE and ENERGA, and which was referred for judicial review. This article attempts to verify the theory that the legal institution of special (exceptional) approval of a concentration, in the form in which it is created in Polish merger legislation (i.e. based mostly on the public interest test, but issued by the competition authority), is not the best formula for assessing whether there are legitimategrounds for consolidation, in particular consolidation of the Polish electricity sector.
FR
L’article présent les caractéristiques quantitatives et qualitatives de toutes les décisions publiées par l’autorité de concurrence polonaise, qui ont constitué la base de la consolidation verticale du secteur de l’électricité en Pologne dans les années 2003 – 2007. L’article discute aussi la décision prise par l’autorité de concurrence polonaise, concernant l’interdiction inconditionnelle de la concentration de PGE/ ENERGA. Cette décision a été soumise à la révision judiciaire. L’objectif de cet article est de vérifier la théorie selon laquelle l’institution légale de l’autorisation spéciale (exceptionnelle), dans la forme donnée par la législation polonaise concernant les fusions, i.e. fondée surtout sur le test de l’intérêt public, mais publiée par l’autorité de concurrence, n’est pas la meilleure formule pour juger si’il y a une base légitime pour la consolidation, notamment la consolidation du secteur de l’électricité polonais.
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