Case Puts EU Merger Policy Under Scrutiny

Law360, New York (April 24, 2007, 12:00 AM EDT) -- The European Union's antitrust policy is being challenged by French electrical manufacturer Schneider Electric SA, which brought a €1.66 billion suit against the regulatory agency for blocking a proposed merger with rival Legrand SA.

The company will ask the European Court of First Instance to make the Commission pay for its alleged mistakes on Wednesday.

In 2001, Schneider Electric informed the EC of its intention to merge with Legrand, a combination that would have created one of the largest electrical companies in the world, with prospective...
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