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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
07/28/201504:28:06Australia Shares End Slightly Down; Energy Stocks Rise
07/23/201509:00:00Industrial Metals and Minerals Stocks under Review -- Uranium...
07/23/201503:50:48Fortescue Deepens Cuts as Iron-Ore Downturn Bites
07/22/201506:50:53Tech, Resources Stocks Weigh on European Markets -- Update
07/21/201503:51:17Australia Shares Extend Gains for Sixth Straight Day
07/20/201504:07:10Australia Shares Rise for a Fifth Straight Session
07/16/201518:01:37ADRs End Higher; National Bank of Greece Declines
07/16/201514:26:21Anglo American Takes up to $4 Billion in Write-Downs -- 2nd Update
07/16/201504:50:10Anglo American Takes up to $4 Billion in Write-Downs -- Update
07/16/201504:00:11Anglo American Takes up to $4 Billion in Write-Downs
07/15/201522:40:45Rio Tinto Trims Iron-Ore Export Target
07/15/201522:12:09Rio Tinto Scales Down Iron Ore Shipment Target-- Update
07/15/201519:21:40Rio Tinto Iron-Ore Shipments Jump 8% for Quarter
07/14/201520:02:38Iron-Ore Trade Quiet as Sellers Hold Cargoes -- Market Talk
07/09/201521:23:18Correction to Energy Resources Article
07/09/201519:23:14Energy Resources Reports 20% Drop in Uranium-Oxide Output
07/08/201518:45:13ADRs End Lower; National Bank of Greece Declines
07/08/201502:52:45Rio Tinto to Ship First Aluminum From Revamped Kitimat Smelter
07/06/201510:05:025 Stocks to Watch in Commodities
07/01/201516:38:27Rio Tinto CEO Sam Walsh Responds to Critics of Iron-Ore Production

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