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New deadline for decision on MOL gas

The European Commission, acting as the EU's competition authority, has set a deadline of December 20 for publishing the results of an investigation of German energy giant E.ON's purchase of Hungarian oil and gas company MOL Rt's gas business, the Commission said yesterday. The investigation is in the in-depth second phase, according to the announcement. The Commission originally planned to publish the results on November 29, but both MOL and E.ON have submitted corrected information about the transaction, delaying the decision, according to press reports.