EU reveals concerns over BHP's bid for Rio

BHP Billiton will be heavily scrutinised in Europe for the next 90 days as the European Commission investigates the competition effects of the major miner’s takeover attempt for Rio Tinto – with a special emphasis on the coal and iron ore markets.

EU reveals concerns over BHP's bid for Rio EU reveals concerns over BHP's bid for Rio EU reveals concerns over BHP's bid for Rio EU reveals concerns over BHP's bid for Rio EU reveals concerns over BHP's bid for Rio

The commission released a statement on Friday indicating it would start in-depth investigations but already had "serious doubts" about whether BHP's takeover bid for Rio would be compatible with the