Global report today as the European Competition commission blocks the merger of the steel making units of indias tata steel and germanys these same crop the 2 companies had previously fact off the proposal after the e. U. Competition commission signaled that both companies would have to divest certain assets to address the regulators antitrust concerns Competition Commission our market has now effectively terminated the deal that would have created the 2nd biggest steel manufacturer in europe mr best d. J. Decisively denies the deal after many stakeholders told the commission that the 2 companies counterproposals on antitrust issues would not address their concerns the final denial may fuel calls for reform to the rules the commission runs by as the Steel Industry observers say that some consolidation is needed to stabilize an industry unsettled by events including the us tariffs on imported metals from the e. U. China japan and russia. Number. Technology firms are preparing for the lo