Corbyn nationalisation plans for energy sector to collide with EU law

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Lawyers say energy treaty among those that could greatly increase costs of Labour pledge

The Labour party’s plans to take large parts of the energy industry back under public control is on a collision course with EU laws that guard Europe-owned companies against government takeovers.

The EU rules mean a Labour administration could face rising costs or a legal battle in European courts over plans to pay a discount to nationalise energy networks and the big six energy suppliers.

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from The Guardian https://ift.tt/2shsnBw

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