The European Commission approved the plan to regulate the energy market of the European Union on Wednesday. The plan stipulates restrictions to foreign companies to purchase energy assets in Europe. To put it in a nutshell, the Commission banned Russia’s giant Gazprom, which already owns a package of euro assets, from conducting future investment activities in Europe. European officials described the new measures as the protection of competition, whereas investors, market members and the general public refer to them as protectionism and a wish to endorse their rules of the game outside the EU