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Europe Daily Bulletin No. 12128

31 October 2018
Contents Publication in full By article 13 / 32
ECONOMY - FINANCE - BUSINESS / Competition
Opening of in-depth investigation into possible creation of joint venture between activities of Tata Steel and ThyssenKrupp
Graz, 30/10/2018 (Agence Europe)

On Tuesday 30 October, the European Commission opened an in-depth investigation to determine whether plans by Tata Steel and ThyssenKrupp, two large steel producers, to combine their European carbon steel and electrical steel businesses in a joint venture was compatible with EU competition law rules.

The companies notified the planned transaction to the Commission on 25 September.

Following an initial probe, the institution considered that various aspects of the transaction could raise...

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