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EC passes Rewe-Adeg 'merger' back to Austrian regulator

By Lewis Crofts ( July 31, 2007, 14:19 GMT | Insight) -- The European Commission has decided Rewe's purchase of a stake in fellow Austrian retailer Adeg does not fall under EU merger control and has sent the case back to the Austrian authorities, who will examine agreements between the two parties for possible antitrust abuses. Rival Spar had tried to jostle the commission into intervening in a deal which it believed constituted 'indirect control'.The European Commission has decided Rewe's purchase of a stake in fellow Austrian retailer Adeg does not fall under EU merger control and has sent the case back to the Austrian authorities, who will examine agreements between the two parties for possible antitrust abuses....

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