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22 May
14:55

tk-Tata undoing and Liberty expansion boost competition: consultant

Against the more common opinion among observers who expressed regret and disappointment that the EC blocked the steel merger of thyssenkrupp and Tata, a German consultant takes the opposite view. “It needs to be welcomed that the Commission fulfilled its duty as a guardian of competition, and did not accede to the creation of an alleged ‘champion’,” says Andreas Schneider of Stahlmarkt-Consult. He argues that it is more likely to assume t…
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