As an alliance of 85 US and European companies, the EABC is committed to open markets and the principle of national treatment on both sides of the Atlantic. We applaud the recent decisions by federal and state regulators to approve ScottishPower's acquisition of PacifiCorp. This is especially true for large industrial users of energy that employ millions of Americans. Further, restricting foreign ownership could result in retaliation by other governments in nations where US companies would like to invest.
Foreign ownership is an important piece of that puzzle.
Thank you for your consideration of our views.