EU to act vs Italy over Autostrade on Wed-source

Newswire

BRUSSELS, Jan 29 (Reuters) - The European Commission will act against Italy on Wednesday over the country's derailing of a merger deal between Autostrade and Spain's Abertis , a source familiar with the case said. The EU executive will issue a preliminary decision, to which Italy can respond, saying the government overstepped its authority through its actions on a merger over which the Commission had sole competence, the source said.

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