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European Commission opens in-depth investigation of proposed acquisition of Chantiers de l’Atlantique by Fincantieri

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Brussels – October 31, 2019 The European Commission has opened an in-depth investigation to assess the proposed acquisition of Chantiers de l’Atlantique by Fincantieri, under the EU Merger Regulation. The Commission is concerned that the transaction may reduce competition in the global cruise shipbuilding market. Commissioner Margrethe Vestager, responsible for competition policy, said: “Demand for cruise ships…

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