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Europe Daily Bulletin No. 7779

17 August 2000
GENERAL NEWS / (eu) eu/competition
Commission initiates in-depth investigation into joint-venture plan between Framatome, Siemens and Cogema

Brussels, 16/08/2000 (Agence Europe) - Following a preliminary one-month investigation, the European Commission has decided to initiate an in-depth second phase investigation into the planned creation of a joint-venture between the French firms Framatome and Cogema and German Siemens, aimed at combining the nuclear activities of Framatome and Siemens. When announcing the opening of the four-month investigation, the Commission said that the "operation raises serious doubts as to its...