Phase II - Conditional clearance : The European Commission, following an in-depth review, clears with commitments the proposed acquisition on the stainless steel market (Outokumpu c/ INOXUM)

*This article is an automatic translation of the original article, provided here for your convenience. Read the original article. This decision is undoubtedly one of the most important, quantitatively (more than 300 pages), issued by the Commission following an in-depth investigation of the stainless steel product markets. The operation itself consisted in bringing together the two largest operators on these markets. Specifically, Outokumpu, a Finnish company listed on the Helsinki stock exchange, acquired Inoxum, a division of the German group Thyssen Krupp (hereafter TK) and fully controlled by it. As will be seen, the two companies were present on different markets for cold-rolled stainless products, but Outokumpu had a special structural feature which led the Commission to devote