Aurubis, Wieland Werke end German probe with adjusted cooperation
( August 30, 2024, 09:45 GMT | Official Statement) -- MLex Summary: Aurubis and Wieland Werke have seen the German competition authority close an investigation that looked into possible competition restrictions in copper production. The Bundeskartellamt said today that it found the adjustment of their cooperation in their Schwermetall Halbzeugwerk joint venture to be sufficient, and discontinued the proceedings. The companies must refrain from any form of influence in the production and supply of pre-rolled strip by Schwermetall. In addition, Schwermetall will be able to freely choose which pre-rolled strip, made of which alloys, will be supplied to which customers.Statement follows (in German). ...
Prepare for tomorrow’s regulatory change, today
MLex identifies risk to business wherever it emerges, with specialist reporters across the globe providing exclusive news and deep-dive analysis on the proposals, probes, enforcement actions and rulings that matter to your organization and clients, now and in the longer term.
Know what others in the room don’t, with features including:
- Daily newsletters for Antitrust, M&A, Trade, Data Privacy & Security, Technology, AI and more
- Custom alerts on specific filters including geographies, industries, topics and companies to suit your practice needs
- Predictive analysis from expert journalists across North America, the UK and Europe, Latin America and Asia-Pacific
- Curated case files bringing together news, analysis and source documents in a single timeline
Experience MLex today with a 14-day free trial.