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The Partners committee is made up of companies involved in regulated sectors (or themselves regulated), of law firms and of audit firms.

L'expérience britannique en matière d'autorités administratives indépendantes

Translated Summaries

In The Journal of Regulation the summaries’ translation are done by the Editors and not by the authors

ENGLISH

Thematic Report (Media): The French Competition Authority orders the separation of TPS / Canalsatellite and VIVENDI / Canal + following infringement of the terms of their prior merger clearance

On September 20, 2011, the Autorité de la Concurrence (French Competition Authority) examined whether VIVENDI, Universal, and Canal + had respected the remedies they had made in order to obtain merger clearance during their acquisition of TPS and Canalsatellite. This clearance had been granted by the Minister of the Economy on August 30, 2006, on the condition that remedies be made by the acquirers. In 2009, the Competition Authority unilaterally decided to review whether these remedies were kept. Its decision of 2011 ruled that certain remedies were not kept and ordered the breakup of the new entity and the payment of a fine. In doing so, the Competition Authority behaves as though it were a regulator.

ITALIAN

Relazione tematica (Mass-media): L’autorità francese garante della concorrenza ha ordinato la separazione di TPS/Canalsatellite e VIVENDI/Canal + per violazione degli impegni presi nella precedente autorizzazione di fusione

Il 20 settembre 2011 la “Autorité de la Concurrence” (l’autorità francese garante della concorrenza) ha verificato se VIVENDI, Universal e Canal + avevano rispettato gli impegni presi per ottenere la precedente autorizzazione di fusione durante l’acquisto di TPS e Canalsatellite. Questa autorizzazione era stata concesso dal Ministro dell’Economia durante il mese di Agosto 2006, sulla base degli impegni presi dalle società. Nel 2009, l’autorità garante della concorrenza ha unilateralmente deciso di verificare se questi impegni erano stati rispettati. Nella sua decisione del 2011, l’autorità ha deciso che alcuni di questi impegni non erano stati rispettati ed ha ordinato lo scioglimento della nuova entità ed il pagamento di una multa. Così facendo, l’autorità garante della concorrenza si comporta come un’autorità di regolazione.

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Other translations forthcoming.

Main information

The {Conseil Constitutionnel} (French Constitutional Council) approves the principle of a carbon tax scheme, but obliges the Government to review its scope.

7, square Max Hymans 75730 Paris Cedex 15 FRANCE Phone number : + 33 (1) 40 47 70 00 Documentation center : Open afternoons by appointment (+33 1 40 47 70 48)

Translated Summaries

In The Journal of Regulation the summaries’ translation are done by the Editors and not by the authors

ENGLISH

Bibliographic Report (Book): Libéralisation et services publics : économie postale [Liberalization and Public Services­: Postal Economics] by François Boldron, Claire Borsenberger, Denis Joram, Sébastien Lecou, and Bernard Roy.

The authors of Liberalization and Public Services: Postal Economics set out to provide a complete and comprehensive economic study of the challenges and possibilities engendered by the liberalization of the French Postal Service. Using experiences from other countries and industries, as well as taking into account the specificities of France’s postal service, the authors have used economic studies to provide an exhaustive account of what the contours of the postal service of the future may be.

ITALIAN

Relazione bibliografica (Libri) : Libéralisation et services publics : économie postale [Liberalizzazione e Servizi pubblici: economia postale] di François Boldron, Claire Borsenberger, Denis Joram, Sébastien Lecou, and Bernard Roy.

Gli autori di “Libéralisation et services publics : économie postale” (Liberalizzazione e Servizi pubblici: economia postale) cercano di predisporre uno studio economico completo e comprensivo delle sfide e delle possibilità generate dalla liberalizzazione del servizio postale francese. Utilizzando le esperienze di altri paesi e di altre industrie, e prendendo in considerazione le specificità del servizio postale francese, gli autori hanno usato studi economici per definire il possibile futuro del sevizio postale.

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Other translations forthcoming.

The real economy is entirely financiarized, it is the same for the oil economy. This is why the G20 has asked to the "Organisation internationale des commissions de valeurs" - OICV (International Organization of Securities Commissions) to reflect back on how oil markets could be regulated, what they are currently not, because the market remains an over-the-counter market. Financial regulators, in a report published on June 12, 2012, suggest that at least the information be controlled, fluctuations in the price of a barrel are reviewed and the functions of "the information agencies," should be inspected, but also the role of traders that communicate them information. Regulation, so shy it is, starts with information. On the matter of oil, transparency is not expected and geopolitics often excludes it.

The « Centre d’analyse stratégique », the strategic analysis think-tank that is part of the French Prime Minister’s cabinet, published the report of the working group presided by Christian Stoffaës on the theme of « La securité gazière en Europe : de la dépendance à l’indépendance » (The Security of Natural Gas Supply in Europe : from dependence to independence). This report highlights the fact that Europe is in danger, in the long run, of not having access to enough gas and of becoming overly-dependent on its foreign suppliers. Europe must therefore establish policies to reduce and modify its natural gas consumption, and establish energy partnerships with Russia, North Africa, and finally, the Middle East. Europe must realise that competition is nothing more than a means to an end and must implement a true Regulation of the energy sector, in order to create secure conditions that avoid energy crises. Risk management can be achieved by creating emergency reserves; through the regulation of transport network infrastructures; and a renewed ‘energy solidarity’ using the interconnections at member states’ borders. Thereby, Europe will evolve from dependency to independency, which will ensure its natural gas security despite its insufficient supply