Thyssenkrupp, Tata Steel JV hits a roadblock, rejected by EU regulators

The Thyssenkrupp AG logo sits illuminated at the entrance to the company's steel plant in Duisburg, Germany, on Wednesday, Dec. 20, 2017. Photographer: Krisztian Bocsi/Bloomberg

Thyssenkrupp and Tata Steel’s plan to form a landmark joint venture was rejected by EU antitrust regulators on Tuesday, concerned that the deal would have pushed up prices and reduced competition.

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