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21 October 2016 The on-line newspaper devoted to the world of transports 23:56 GMT+2

June 10, 1999

EC to launch in-depth investigation into Exxon Mobil merger

The European Commission (EC) announced yesterday that they will open a second phase inquiry into the proposed merger between the oil majors Exxon Corporation and Mobil Corporation.

The companies themselves, like the market in general, had anticipated that this would happen when the Commission came to the end of the initial one-month probe into the deal. ......
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