28/05/2009 (Agence Europe) - On Thursday 28 May, the European Commission cleared the proposed creation of a joint venture between SGL Carbon SE of Germany and Brembo S.p.A of Italy to develop and produce carbon-ceramic brake discs and systems. The Commission's examination of the proposed transaction showed that for the products concerned, the joint venture would continue to face effective competition from high performance cast iron brake discs, whereas carbon-ceramic brake discs constitute a...