Bruxelles – The European Commission has approved under the Eu Merger Regulation the acquisition of Mitsubishi Motors Corporation by Nissan Motor, both of Japan. Nissan is ultimately controlled by Renault of France. Both companies sell automobiles in the European Economic Area. The Commission concluded that the proposed acquisition would raise no competition concerns, because the overlaps between the companies’ activities were limited and a number of strong players would remain active in the markets concerned after the merger. The transaction was examined under the normal merger review procedure.
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