The European Commission has approved the acquisition of Spanish energy company Endesa S.A. by ENEL S.p.A., based in Italy, and Acciona S.A., based in Spain. Taking into account the divestment to E.ON of part of Endesa's activities, the only markets affected would be the generation/wholesale and retail supply of electricity in Spain. The Commission concluded that the transaction would not significantly strengthen Endesa’s position in any of these markets. Moreover, a number of other competitors such as Iberdrola, Union Fenosa and Gas Natural will remain active. The merger would not therefore appreciably increase the ability and incentives of the main electricity suppliers in Spain to coordinate their activites in the market