In 2008, the European Commission investigated E.ON, a large and vertically integrated electricity company, for the … divestitures on German wholesale electricity prices. Our identification strategy is based on the observation that energy suppliers … have more market power during peak periods when demand is high. Therefore, a decrease in market power should lead to …

In 2008, the European Commission investigated E.ON, a large and vertically integrated electricity company, for the … divestitures on German wholesale electricity prices. Our identification strategy is based on the observation that energy suppliers … have more market power during peak periods when demand is high. Therefore, a decrease in market power should lead to …

, Germany and Italy. Using a multivariate analysis, we study the impact of each electricity price changes in one country on the …. Indeed, there is an interdependence of electricity prices especially between Germany and Italy. -- electricity prices …This paper investigates the short term relationship between the three major European electricity markets: France …