After decades of promoting a free-market approach to the electricity and natural gas industries, European governments are taking back control of these vital functions, thanks to the Russian war
After decades of promoting a free-market approach to the electricity and natural gas industries, European governments are taking back control of these vital functions. Record-high energy prices, partly the result of Russia’s throttling of gas supplies, are prompting lawmakers to discard economic orthodoxy and undo years of painstaking deregulation.
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