BHP, Rio Alliance Triggers Antitrust Concerns

Law360, New York (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...
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