vertically integrated undertaking means 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;
vertically integrated undertaking means 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 storage, and at least one of the functions of production or supply of natural gas;
vertically integrated undertaking means an undertaking where, in the meaning of Council Regulation (EC) No 139/2004:
More Definitions of vertically integrated undertaking
vertically integrated undertaking means 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 (1) and where the undertaking/group concerned is performing at least one of the functions of transmission, distribution, LNG or storage, and at least one of the functions of production or supply of natural gas;
vertically integrated undertaking means a natural gas undertaking or a group of natural gas undertakings ⇨ or a hydrogen undertaking or group of hydrogen 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, ⇨ hydrogen transport, hydrogen terminal operation, ⇦ LNG or ⇨ natural gas or hydrogen ⇦ storage, and at least one of the functions of production or supply of natural gas⇨ or of hydrogen ⇦.
vertically integrated undertaking means a gas undertaking which is or gas undertakings which are controlled within the meaning of the Competition Act by one person or several persons and at least one of the tasks of which is the transmission, distribution, liquefaction or storage of natural gas and the other task is the production or sale of natural gas;
vertically integrated undertaking means an undertaking where:
vertically integrated undertaking means an undertaking or a group of undertakings whose mutual relationships are defined in Article 3(3) of Council Regulation (EEC) No
vertically integrated undertaking means an undertaking or a group of undertakings whose mutual relationships are defined in Article 3(3) of Council Regulation (EEC) No 4064/89* and where the undertaking/group concerned is performing at least two or more of the functions of transmission, distribution, generation and supply of electricity ;
vertically integrated undertaking means a natural gas undertaking or a group of natural gas under-