ANDERSEN FRANCE

BY ALAN OSBORNTHE EUROPEAN Commission has cleared the proposed merger betweenErnst & Young France and most of Andersen France's business, finding thatalthough the deal would create France's biggest auditor for large andquoted companies there was "no danger of the creation of a single dominantposition." A number of large customers had already gone, due to the loss ofAndersen Worldwide's reputation, and there would inevitably be othersignificant business losses, thereby reducing the gap between the newcompany and the Big Four firms, the Commission said. It ...


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