The European Commission is inviting comments from interested parties on commitments offered by the French energy company EDF which seek to address the Commission's concerns that EDF may be abusing its dominant position in France and therefore infringing Article 82 of the EC Treaty.
ie the upstarts are not competitive and need to be able to steal, by regulatory means, EDF's rent, created by smart State planning and investment.
Shame, shame. In the long run, we're all dead. John Maynard Keynes
EDF's rent, created by smart State planning and investment
[Neoclassical economics] means that, for those subsystems of the economy where conditions are apt, the market can be relied upon, particularly if the market is not relied upon for the overall stability of the economy the determination of the pace and even the direction of investment income distribution, and the determination of prices and outputs in those sectors that use large amounts of capital assets per unit of input or per worker