22/12/2008 (Agence Europe) - On Friday 19 December, the European Commission cleared the proposed acquisition of Continental AG, a German manufacturer of car components, by Schaeffler KG (manufacturer of mechanical products used in automotive and other sectors), also of Germany. The parties' activities are vertically related, as Schaeffler supplies needle roller bearings which are used in vehicle components produced by Continental. However, the Commission's investigation found that there are...