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Europe Daily Bulletin No. 7893

1 February 2001
Contents Publication in full By article 28 / 40
GENERAL NEWS / (eu) court of first instance
Court annuls Commission decision of 1998 approving merger of three German companies in coal sector

Luxembourg/Brussels, 31/01/2001 (Agence Europe) - The EU Court of First Instance annulled the European Commission decision from 1998 that approved the merger between three German coal producers: RAG, Saarbergwerke (SBW) and Preussag Authrazit. The Court feels that the Commission should have taken into account the extent to which the financial and commercial power of the merged entity could be strengthened by State aid, which it did not do. This case had been introduced by a British...

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