vertically integrated undertaking
as defined in Proposal for a DIRECTIVE OF THE EUROPEAN PARLIAMENT AND OF THE COUNCIL on…, Article 2 (Definitions)
an electricity undertaking or a group of electricity undertakings where the same person or the same persons are entitled, directly or indirectly, to exercise control, and where the undertaking or group of undertakings perform at least one of the functions of transmission or distribution, and at least one of the functions of generation or supply of electricity
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Also defined in
- Directive (EU) 2019/944 of the European Parliament and of the Council of 5 June 2019 on common rules for the internal… 32019L0944, Article 2, point (53)
an electricity undertaking or a group of electricity undertakings where the same person or the same persons are entitled, directly or indirectly, to exercise control, and where the undertaking or group of undertakings performs at least one of the functions of transmission or distribution, and at… - Directive 2009/73/EC of the European Parliament and of the Council of 13 July 2009 concerning common rules for the… 32009L0073, Article 2, point (20)
a natural gas undertaking or a group of natural gas undertakings where the same person or the same persons are entitled, directly or indirectly, to exercise control, and where the undertaking or group of undertakings perform at least one of the functions of transmission, distribution, LNG or… - Directive 2009/72/EC of the European Parliament and of the Council of 13 July 2009 concerning common rules for the… 32009L0072, Article 2, point (21)
an electricity undertaking or a group of electricity undertakings where the same person or the same persons are entitled, directly or indirectly, to exercise control, and where the undertaking or group of undertakings perform at least one of the functions of transmission or distribution, and at… - Directive 2003/55/EC of the European Parliament and of the Council of 26 June 2003 concerning common rules for the… 32003L0055, Article 2, point (20)
a natural gas undertaking or a group of undertakings whose mutual relationships are defined in Article 3(3) of Council Regulation (EEC) No 4064/89 of 21 December 1989 on the control of concentrations between undertakings(9) and where the undertaking/group concerned is performing at least one of the… - Directive 2003/54/EC of the European Parliament and of the Council of 26 June 2003 concerning common rules for the… 32003L0054, Article 2, point (21)
an undertaking or a group of undertakings whose mutual relationships are defined in Article 3(3) of Council Regulation (EEC) No 4064/89 of 21 December 1989 on the control of concentrations between undertakings(8) and where the undertaking/group concerned is performing at least one of the functions… - Directive 2012/34/EU of the European Parliament and of the Council of 21 November 2012 establishing a single European… 02012L0034-20190101, Article 3, point (31)
(31) ‘vertically integrated undertaking’ means an undertaking where, within the meaning of Council Regulation (EC) No 139/2004 (): (a) an infrastructure manager is controlled by an undertaking which at the same time controls one or several railway undertakings that operate rail services on the…