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Europe Daily Bulletin No. 7688

31 March 2000
Contents Publication in full By article 19 / 48
GENERAL NEWS / (eu) eu/competition
Conditions for authorisation of joint BASF/Shell company in polypropylene sector

Brussels, 30/03/2000 (Agence Europe) - The European Commission authorised, on condition of certain undertakings by the parties, the forming of a joint venture for the production of polypropylene and polyethylene between the Dutch company Shell petroleum and the German company BASF. The Commission feared that the merger of the two main actors in the market would lead to an abuse of their dominant position. However, thanks to the companies' collaboration, it obtained undertaking that satisfy...

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THE DAY IN POLITICS
GENERAL NEWS
ECONOMIC INTERPENETRATION