Brussels, 20/12/2006 (Agence Europe) - On Wednesday, the European Commission authorised the proposed takeover of Crompton's Lydney paper mill (UK) by Glatfelter of the US. The Commission undertook an in-depth investigation to verify whetrher the proposed acquisition would create a dominant market player with the ability to restrict production of so-called “wetlaid fibre materials” (used inter alia to make tea bags) and drive up prices in the industry (EUROPE 9270). The market investigation has shown, however, that several competitors are active in the relevant market for wetlaid fibre for tea and coffee filtration ,which is still growing. The Commission has therefore concluded that the transaction would not significantly imped effective competition in the European Econmic Area (EEA) or a significant part of it. (cd)