The European Union reached a deal on freeing up energy markets after lawmakers accepted a compromise over breaking up giant utilities in return for action to protect consumers’ rights.
The deal between the European Parliament and E.U. member states late on Monday ended a year-long standoff during which France and Germany battled hard to protect energy companies like Electricité de France and RWE.
‘‘We will no longer be faced with the authoritarian policies of certain companies,’’ said an Italian liberal, Antonio Mussa, of Parliament’s negotiating team. ‘‘There will be a free market.’’
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