BREAKING NEWS

BREAKING NEWS

Exclusive: EU regulators set to warn Thyssenkrupp, Tata Steel on steel JV - sources

Exclusive: EU regulators set to warn Thyssenkrupp, Tata Steel on steel JV - sources
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BRUSSELS (Reuters) - EU antitrust regulators will likely this week warn Germany's Thyssenkrupp and India's Tata Steel about their landmark joint venture unless the companies pre-empt the move by offering concessions, people familiar with the matter said on Monday.

The European Commission's charge sheet known as a statement of objections typically sets out serious competition concerns which companies have to address with specific concessions or see their deal blocked.

(Reporting by Foo Yun Chee)

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