Brussels, 18/06/2012 (Agence Europe) - In a decision announced on Monday 18 June, the European Commission has made commitments by Siemens AG and Areva SA to reduce the product scope and duration of a non-compete obligation in the market for nuclear technologies legally binding. The decision was reached after consulting the market players on the commitments offered.
In 2001, Areva and Siemens created the joint venture Areva NP and agreed on a specific non-compete obligation. This obligation...