We use cookies on this site to enable your digital experience. By continuing to use this site, you are agreeing to our cookie policy. close

BHP, Rio Alliance Triggers Antitrust Concerns

Law360 (June 5, 2009, 12:00 AM EDT) -- A joint venture between Rio Tinto Ltd. and BHP Billiton Ltd. has already sparked calls for heavy antitrust scrutiny, echoing concerns over a merger plan between the two mining giants that was dropped in November due to the financial crisis.

In a statement Friday, the World Steel Association, an industry group representing steel companies that produce about 85 percent of the world's steel, repeated similar qualms to those it raised last year to BHP Billiton's $130 billion offer for rival miner Rio Tinto, saying even the...
To view the full article, register now.
Law360 Pro Say Podcast
Check out Law360's new podcast, Pro Say, which offers a weekly recap of both the biggest stories and hidden gems from the world of law.