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Europe Daily Bulletin No. 7650

7 February 2000
Contents Publication in full By article 23 / 43
GENERAL NEWS / (eu) eu/competition
Commission opens an "in-depth investigation" into effects of Veba and Viag merger on electricity and chemicals markets

Brussels, 07/02/2000 (Agence Europe) - The European Commission decided on Friday to open an in-depth investigation of the proposed merger between the German conglomerates Veba and Viag. It feels that the merger could pose serious risks due to a dominant position in the production and transmission of electricity, as well as in the markets for certain chemical products. It also feels that the merger has significant community implications, as the merger could lead to the squeezing out of...

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