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Europe Daily Bulletin No. 12392

18 December 2019
Contents Publication in full By article 16 / 31
ECONOMY - FINANCE / Competition
Commission opens in-depth investigation into proposed acquisition of DSME by HHIH
Brussels, 17/12/2019 (Agence Europe)

On Tuesday 17 December, the European Commission opened an in-depth investigation to assess the proposed acquisition of Daewoo Shipbuilding & Marine Engineering CO., Ltd (DSME) by another shipbuilding group, Hyundai Heavy Industries Holdings (HHIH).

The Commission is concerned that the merger may reduce competition in several global cargo shipbuilding markets.

Maritime transport represents 30% of EU internal freight trade and 90% of EU external freight trade. European shipping companies...

Contents

INSTITUTIONAL
EUROPEAN PARLIAMENT PLENARY
ECONOMY - FINANCE
SECTORAL POLICIES
EXTERNAL ACTION
NEWS BRIEFS