Brussels, 25/05/2010 (Agence Europe) - On 21 May, the European Commission, applying the EU Merger Regulation, cleared the proposed merger of Total Italia and Erg Petroli (EGP), both of Italy, into a new joint venture which will combine the oil refining and marketing activities of both parties in Italy and which will be jointly controlled by them. Although the parties' activities overlap in several upstream and downstream markets for refined oil products (in non-retail sales of fuels, retail...