The JFTC Opens Secondary Review Concerning the Proposed Acquisition of Shares of Sanyo Special Steel Co., Ltd. by NIPPON STEEL & SUMITOMO METAL CORPORATION and Seeks Comments from Third Parties
(WorldNews Japan)

August 17, 2018 Japan Fair Trade Commission The Japan Fair Trade Commission (JFTC) received the notification pursuant to the provision of the Antimonopoly Act (AMA) from NIPPON STEEL & SUMITOMO METAL CORPORATION (JCN3010001008848)(NSSMC) concerning the proposed acquisition of shares of Sanyo Special Steel Co., Ltd. (JCN6140001058935) (SSS), and has reviewed possible impacts on competition from the proposed acquisition of shares. With the knowledge that a more in-depth review is necessary, today, the JFTC requested NSSMC to submit further reports, information or materials, pursuant to the provision of Article 10(9) of the AMA. The JFTC also starts seeking comments from third parties...