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Keyword: stateownedbusiness

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  • E.U. Charges Russian Energy Giant Gazprom With Abusing Its Dominance

    04/22/2015 5:05:38 AM PDT · by McGruff · 4 replies
    NY Times ^ | APRIL 22, 2015 | JAMES KANTER
    European antitrust regulators on Wednesday charged the Russian energy giant Gazprom with abusing its dominance in natural gas markets, a move amounting to a direct challenge to the authorities in Moscow. The European Commission, the European Union’s executive arm, said that unfair pricing might have resulted in higher gas prices in Bulgaria, Estonia, Latvia, Lithuania and Poland, which have long been wholly or substantially dependent on Russian gas. In those countries, the commission said, Gazprom was suspected of charging wholesalers prices that were significantly higher compared with the company’s costs or to benchmark prices.
  • Analysis: Auto deal extends Obama's reach, risk

    04/30/2009 2:54:38 PM PDT · by SmithL · 11 replies · 573+ views
    AP via SFGate ^ | 4/30/9 | JIM KUHNHENN, Associated Press Writer
    In forcing a swift bankruptcy on Chrysler, President Barack Obama expanded the risk and reach of the presidency in the hope that the hidebound auto industry will find a way to remake itself. The government's intervention with Chrysler LLC and General Motors Corp. has been far more intrusive than the way it has confronted troubled financial companies. The administration's influence now ranges from guaranteeing your brake pads to pushing for new products on the assembly line. As Obama himself put it on Thursday, "If the Japanese can design an affordable, well-designed hybrid, then, doggone it, the American people should be...