EU delays Halliburton/Baker Hughes decision again

European Commission antitrust regulators have stopped their investigation into the $35 billion Haliburton/Baker Hughes combination for a second time, saying that the companies still need to provide an important piece of information, according to Reuters.

Once the information is provided to the European Commission, then the deadline for the Commission’s decision will be rescheduled. The EU antitrust regulators are concerned that the merger may reduce competition and innovation in more than 30 product markets, both onshore and offshore.

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