Italy Violated E.U. Laws By Blocking Abertis: E.C.

Law360, New York (October 18, 2006, 12:00 AM EDT) -- Europe’s competition watchdog has informed the Italian government that it violated open-market laws by placing “unjustified obstacles” in the way of the proposed €25 billion merger of Italian highway operator Autostrade SpA and Spanish infrastructure company Abertis Infraestructuras SA.

The European Commission on Tuesday said it has come to the preliminary conclusion that Italy violated Article 21 of the European Union Merger Regulations when it rejected the Abertis-Autostrade deal in August.

Specifically, the E.C. said it has “serious doubts” about the compatibility of that decision to...
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