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The European Commission approved the controversial acquisition of a stake in the Hamburg-based port logistics company HHLA by the world’s largest shipping company, MSC, on Friday. “The Commission concluded that the proposed concentration would not raise competition concerns, given its limited impact on competition in the markets in which the companies are active,” it said in a statement. The decision means the deal should now go ahead, after the transaction was examined in the normal merger control procedure. Hamburg’s parliament gave its final approval to the MSC takeover at the beginning of …

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