06/02/2020 (Agence Europe) – On Thursday 6 February, the European Commission stated that the investigation into Fincantieri's proposed acquisition of Chantiers de l'Atlantique “is ongoing”. The Commission noted that, on 30 October 2019, it opened an in-depth investigation, and expressed concern that the transaction “might reduce competition in the already concentrated global market for the construction of cruise ships” (see EUROPE 12361/8). The current deadline for the Commission's decision on the proposed merger is 17 April 2020. The Commission has confirmed that it is giving consideration to 'market definition' (see separate news item). (LC)