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Consumers defend US court challenge to Nippon-US Steel deal

( April 9, 2025, 22:32 GMT | Official Statement) -- MLex Summary: Plaintiffs challenging Nippon Steel’s proposed acquisition of US Steel opposed a motion to dismiss their challenge in a US federal court. They said that by taking over US Steel’s 6.09 percent market share in the US, allowing Nippon Steel to buy a dominant share of the market for steel and eliminating a competitor instead of competing, there is no real doubt that the acquisition will lessen competition and harm consumers. See attached file. ...

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