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EU launches new probe over Bull rescue

The European Commission has launched an in-depth investigation into French government aid to Bull, the troubled computer firm. It will last several months and is expected to report after this summer.

The Commission has already carried out a preliminary assessment of Bull's aid and will now look in more detail to check whether the plan guarantees the company's return to viability, that it does not distort competition and is not used to provide the company with surplus cash.

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