Tata Steel, Thyssenkrupp years-old JV plan hits another wall

Thyssenkrupp has lost its appeal against the European Union's antitrust veto of its joint venture with Tata Steel. The EU's decision was upheld by the Court of Justice of the European Union. Thyssenkrupp expressed concerns about the Commission's decision and remains focused on a new joint venture with Czech billionaire Daniel Kretinsky.