EU court upholds ban on Thyssenkrupp-Tata Steel merger

The General Court of the EU has upheld the European Commission's 2019 decision to prohibit the merger of Thyssenkrupp and Tata Steel's European operations, agreeing that the joint venture would significantly impede competition in the steel market.

“The court agreed with the commission’s statement that the proposed merger transaction would result in a significant impediment to effective competition in a substantial part of the internal market.”steelorbis.com

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• steelorbis.comEU court upholds EC’s negative decision on Thyssenkrupp-Tata Steel mergerDamla TükenmezJun 24, 2022

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