EU sets July 9 deadline for decision on $1.8 billion Hyundai-Daewoo deal

BRUSSELS (Reuters) - EU antitrust regulators have set a new July 9 deadline for their decision on world No. 1 shipbuilding group Hyundai Heavy Industries' $1.8 billion (1.4 billion pounds) merger with Daewoo , the European Commission said on Monday.The EU competition enforcer resumed its investigation into the deal last week after a one-month pause while awaiting data from Korean shipyards.It warned in December that the deal to create a company with a 21% market share could push up prices...