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Friday, 20 September 2019
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Markets & companies, Raw materials market

EU resumes investigation into merger of Dow Chemical and DuPont

Thursday, 1 December 2016

EU antitrust regulators have resumed their investigation into the $130 billion (EUR 122 billion) merger of U.S. chemicals giants Dow Chemical and DuPont after the companies provided key data.

The European Commission, which halted its scrutiny in early September, will now decide by February 6, 2017 whether to approve the deal.

Maintaining competitiveness

Commission spokesman Ricardo Cardoso confirmed in an email that the companies had submitted important information requested by the EU competition enforcer. The Commission opened a full investigation into the case in August, concerned that the deal to create the world's largest integrated crop protection and seeds company might reduce competition in these sectors as well as certain petrochemicals.

EU resumes investigation into merger of Dow Chemical and DuPont. Source: Alexander Klaus/pixelio.de

EU resumes investigation into merger of Dow Chemical and DuPont. Source: Alexander Klaus/pixelio.de

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