BHPB bid for Rio - Chinese steelmakers call for preventing merger
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Sunday, 09 Dec 2007
It is reported that Chinese steelmakers want the Australian Government to stop BHP Billiton from taking over Rio Tinto.
Mr Fang Xiaodong senior manager of strategy and planning of Baosteel has said that he wants the Rudd Government to intervene.
He said "I think the Australian Government should take some anti monopoly action to prevent the merger of BHP and Rio because this kind of behavior will damage free competition."
