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You are here: Home → Archive → 2010 → February → Weekly Edition 4th February 2010 → Europeans to investigate BHP-Rio iron ore tie-up

Europeans to investigate BHP-Rio iron ore tie-up

by Richard Meade — last modified Feb 09, 2010 09:29 AM

BRUSSELS competition authorities opened an antitrust investigation last week into the $129bn Pilbara iron ore production joint venture between BHP Billiton and Rio Tinto.

The European Commission is set to look in particular at the effects that the tie-up could have on the market for iron ore transported by sea.
Officials from the Brussels competition directorate said in a statement they planned to investigate...

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