Thyssenkrupp, Tata lose fight against EU veto of joint venture

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Thyssenkrupp, Tata lose fight against EU veto of joint venture
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Thyssenkrupp and Tata Steel have lost their fight against a European Union antitrust veto of their proposed landmark joint venture, after Europe's second-highest court rejected their arguments.

have lost their fight against a European Union antitrust veto of their proposed landmark joint venture, after Europe's second-highest court rejected their arguments.

"In today's judgment, the General Court rejects all the arguments raised by the undertaking and upholds the Commission’s decision," the Court said on Wednesday.

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