Subjects:
EDF is a french public company which provides electricity in the entire France. It has a monopolistic position, and as a consequence, it has a huge turnover. This turnover allows investments everywhere. Furthermore, as EDF is a public company, it can borrow money from banks with the
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The European community ask to the French government to change this situation by selling EDF to private investors. The possibility of getting loans which are supported by the State is a huge advantage. But at this time, this privatisation is not debating on the political scene. Indeed, this kind of areas are not profitable places to provide an electrical service. The subject was avoided during the presidential election of May 2002 because it is a French dilemma. As a conclusion, we think that this French and European issue shows how complex and difficult the harmonisation of the Economies and Business laws in the EC is. On the other hand, the opening of this market will create competition, which could imply a diminution of the prices for the consumers.
Essay's Topics
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