Local view for "http://purl.org/linkedpolitics/eu/plenary/2000-12-13-Speech-3-225"
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"en.20001213.9.3-225"2
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". – The Commission services are informed by Texaco and Chevron that their announced merger would fulfil the turnover criteria of the European merger regulation. Texaco and Chevron have therefore entered into pre-notification discussions with the Commission's merger task force. Following notification, the Commission will have to assess, in view of the legal test in the Merger Regulation whether the operation will lead to the creation or strengthening of a dominant position, as a result of which effective competition would be significantly impeded in the common market or in a substantial part of it.
The Commission's assessment under the Merger Regulation can therefore only take into account competition concerns that affect European companies and citizens. The Merger Regulation provides no legal basis to take allegations of human rights abuses into account and the Commission therefore has no powers to investigate such alleged abuses in this context."@en1
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