ESB’s takeover bid gets green light
The authority said it had reached its decision following discussions with firms, government departments and regulators on both sides of the border; as well as Britain’s Office of Fair Trading, the Commission for Energy Regulation here and the Northern Ireland Authority for Utility Regulation.
The authority’s concern had been the potential for the ESB to use the deal to acquire and use commercially sensitive information, available to NIE, in order to “prevent, restrict or distort competition in the generation and supply of electricity on the island of Ireland”.
