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31 Oct
14:48

EC names critical products in thyssenkrupp-Tata merger

The European Commission has opened an in-depth investigation to assess the proposed creation of a joint venture by Tata Steel Europe and thyssenkrupp Steel, it announced on Tuesday. At this stage, the Commission says it is concerned that the merger may reduce competition in the supply of various high-end steels, Kallanish learns from the authority. The Commission's initial market investigation raised several issues relating in particular to combining certain…
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