Brussels, 27/02/2003 (Agence Europe) - At the Competitiveness Council on Monday the Presidency will report back on work in progress at the Council on the draft mergers directive unveiled by the Commission in October 2002. Like at the European Parliament, the main disagreements concern two important articles, 9 and 11, setting out criteria for companies to be able to take defensive measures against hostile bids. In the Commission's proposal, Article 9 obliges the management board of companies...