"As the European Union has emerged as a regulatory superpower affecting 28 countries that collectively form the world's largest economy, its policies have become ever more important to corporations operating across borders. In turn, the influence business in Brussels has become ever larger and more competitive, rivaled only by Washington's."
It was a show of force in keeping with the ambitions of American law firms that increasingly see the European Union's vast apparatus as a vital lobbying opportunity for themselves and their multinational corporate clients.
Gathered at the Brussels office of Covington & Burling, a prominent Washington-based firm, were some of its lawyers and lobbyists, along with executives from some of the world's largest oil companies, including Chevron and Statoil. Their aim was to help shape the European Union's policies on the gas and oil drilling technology known as hydraulic fracturing, or fracking.