Commission sends Statement of Objections over proposed joint venture between UPM and Sappi
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What happened
The European Commission has informed UPM-Kymmene Corporation (\'UPM\') and Sappi Limited (\'Sappi\') of its preliminary view that its proposed joint venture may restrict competition in the markets for different types of communication paper, which is used for printed materials, such as magazines or books.
Summary assembled by rule from the sources below