World No. 1 shipbuilding group Hyundai Heavy Industries Holdings Co Ltd's |...
) could inflate prices, EU antitrust regulators warned on Tuesday as they opened a full-scale investigation.
The European Commission said it had serious concerns about the deal, confirming a Reuters story on Dec. 9. “This is why we will carefully assess whether the proposed transaction would negatively affect competition in the construction of cargo ships, to the detriment of European consumers,” Vestager said.
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