On Monday 30 April, the European Commission gave its conditional approval to the purchase of Mefro Wheels, a producer of steel wheels, by one of its competitors, Accuride, subject to the divestment of assets by the latter.
The transaction, which was notified to the Commission on 12 March, led to concerns on the part of the institution regarding competition in the steel wheels sector. Following an investigation, it was confirmed that as originally notified, the acquisition would have brought...