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Europe Daily Bulletin No. 12422

11 February 2020
Contents Publication in full By article 22 / 25
NEWS BRIEFS / Competition
Commission clears a joint venture between PSA and Total active in electric batteries

10/02/2020 (Agence Europe)On Monday 10 February, the European Commission approved under the EU Merger Regulation the creation of Automotive Cells Company (‘ACC’), a full-function joint venture, by PSA and Total (through its subsidiary Saft), all based in France. The joint venture will be active in the manufacture and supply of cells and modules for electric batteries, mainly for automobiles. The Commission concluded that the proposed concentration would not give rise to competition...

Contents

SECTORAL POLICIES
EXTERNAL ACTION
ECONOMY - FINANCE - BUSINESS
NEWS BRIEFS