The European Commission announced, on 18 June 2012, that it had adopted a decision to make legally binding commitments offered by Siemens AG (“Siemens”) and Areva SA (“Areva”) to reduce the scope and duration of certain non-compete and confidentiality obligations imposed on Siemens further to its exit from a joint venture with Areva. By offering commitments, Siemens and Areva wished to settle an investigation into alleged anti- competitive behaviour by the two companies in a number of product markets in the field of civil nuclear technology. In 2001, Siemens and Framatome
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The EU Commission makes legally binding commitments concerning non-compete and confidentiality obligations offered by companies active in nuclear markets (Siemens / Areva)
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