# EU launches probe into proposed Tata Steel-Thyssenkrupp joint venture

The European Union's anti-trust watchdog launched an investigation into the planned joint venture between Thyssenkrupp and Tata Steel to merge their European steel operations into a new company called Thyssenkrupp Tata Steel B.V.

- Type: Acquisition
- Announced: 2018-10-31
- Where: Netherlands, Netherlands
- Status: announced
- Capacity: 21 million tons of steel annually
- Products: steel
- Sectors: [Steel and Metal Products](https://endata.com/sectors/steel-metal-products.md)

## Companies

- [Thyssenkrupp](https://endata.com/companies/833.md)
- [Tata Steel](https://endata.com/companies/3546.md)
- [Tata Steel](https://endata.com/companies/3546.md) (partner)

## Sources

- [ien.com](https://www.ien.com/regulation/news/21029943/eu-to-investigate-proposed-steel-merger), 2018-10-31: "The EU will carefully investigate the impact of the planned combination of Tata Steel's and Thyssenkrupp's steel businesses on effective competition in the steel markets."
- [dailynewsegypt.com](https://dailynewsegypt.com/2018/10/30/eu-probes-controversial-thyssenkrupp-tata-steel-merger/), 2018-10-31: "The European Commission has opened an in-depth investigation to assess the proposed creation of a joint venture."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.