Thyssenkrupp, Tata Steel set to get EU warning on steel JV

摘要

EU antitrust regulators will likely warn this week Germany's Thyssenkrupp and India's Tata Steel about their landmark joint venture unless they pre-empt the move by offering concessions, people familiar with the matter said on Monday. The European Commission is expected to send a charge sheet known as a statement of objections to the companies, the people said. Such documents set out serious competition concerns which companies have to address with specific concessions or see their deal blocked.