Thyssenkrupp files complaint over Brussels' veto against Tata JV
Advertisement

Thyssenkrupp files complaint over Brussels' veto against Tata JV

By Reuters

  • 22 Aug 2019
Thyssenkrupp files complaint over Brussels' veto against Tata JV
Credit: Reuters

Thyssenkrupp on Thursday said it is filing a complaint with Europe’s general court to dispute an antitrust decision to block a planned joint venture with Tata Steel.

The complaint, seen as a symbolic move, comes after the European Commission on June 11 vetoed the plans, which would have created Europe’s second-biggest steelmaker, fearing it would overly hurt competition.

Advertisement

Share article on

Advertisement
Advertisement
Google News Icon

Google News

Follow VCCircle on Google News for the latest updates on Business and Startup News