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EU Seeks Comments on Rio Tinto Alcan's Offer to Solve Aluminum Antitrust Concerns

By Alessandro Torello BRUSSELS--European Union antitrust regulators are seeking comments on commitments that Rio Tinto Alcan offered to solve competition concerns about the contractual use of a technology to process aluminum, the European Commission said Friday. "The European Commission is inviting comments from interested parties on commitments offered by Rio Tinto Alcan to address concerns that it may have infringed EU antitrust rules," the commission, which has antitrust powers in the EU, said in a statement. The commission is investigating the practice by Alcan, which was bought by Rio Tinto PLC (RIO), to link the licenses for one of its leading aluminum smelting technologies to the purchase of equipment from one of its subsidiaries. After negotiations with the EU, Rio Tinto Alcan has offered to modify the terms of its future technology transfer agreements, the commission explained. If the so-called market test confirms that the offer is effective in solving the antitrust concerns, the commitments will become legally binding on Rio Tinto Alcan, which means the commission would be able to fine the company if it failed to stand by them. Write to Alessandro Torello at alessandro.torello@dowjones.com Subscribe to WSJ: http://online.wsj.com?mod=djnwires

Stock News for Companhia Vale (RIO)
DateTimeHeadline
07/11/201407:39:29EUROPE MARKETS: European Stock Markets Climb After Five-day Selloff
07/11/201405:15:08EUROPE MARKETS: European Stock Markets Rebound After Five-day...
07/10/201412:09:09EUROPE MARKETS: European Stocks Stumble To 2-month Low On Portugal...
07/10/201407:51:32EUROPE MARKETS: European Stocks Stumble To Two-month Low On Portugal...
07/10/201407:09:08EUROPE MARKETS: European Stocks Stumble To Two-month Low
07/10/201405:39:40EUROPE MARKETS: European Stocks At Two-month Low After Weak Data
07/10/201405:06:47EUROPE MARKETS: European Stocks Slide For Fifth Straight Day
07/10/201403:54:28EUROPE MARKETS: European Stocks Weaken For Fifth Straight Day
07/09/201420:15:12Weaker Iron-Ore Outlook to Curb BHP, Rio Earnings: UBS -- Market...
07/07/201403:33:28Australia Shares Little Changed After Last Week's Jump
07/01/201412:19:30EUROPE MARKETS: BNP Pops Higher In Europe; Pound Rises To 2008...
07/01/201410:18:41EUROPE MARKETS: BNP Up In Europe After Settlement; Pound At 5-year...
07/01/201405:05:10EUROPE MARKETS: BNP Rises In European Trade After Settlement
06/26/201416:40:30Tax Dispute Threatens to Delay Mongolian Copper Mine--Update
06/26/201407:54:03Rio Tinto's Turquoise Hill Challenges Mongolian Tax Claims
06/26/201405:50:43Karelian Diamond Extends Confidentiality Agreement with Rio Tinto
06/25/201405:44:11Reabold Resources Investing Policy Implemented, Trading Restored
06/23/201412:33:15LONDON MARKETS: U.K. Housing Stocks Sag On Mortgage Concerns
06/23/201412:17:16EUROPE MARKETS: European Stocks Fall As U.K. Housing Plays Struggle
06/23/201409:06:50LONDON MARKETS: U.K. Housing Stocks Sag On Mortgage-rule Concerns

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