The Swedish Competition Authority has approved the horizontal merger of Finnish Altia and Norwegian Arcus, both of which are major alcoholic beverage brand producers and distributors in the Nordics, after the companies committed to divest four famous brands. In other news, the EU Commission has fined three railway companies for a cartel, launched an investigation of possible anti-competitive conduct by Teva and has approved the Danfoss – Eaton Hydraulics merger subject to conditions, while the SCA has ended its investigation of insurance companies.
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