The European Commission approved, under the EU Merger Regulation, the proposed acquisition of BASF Colors & Effects by the DIC Corporation.    The approval is conditional on full compliance with a commitments package offered by DIC.   “Pigments are essential inputs for many consumer products that require a coloring process, for example in the automotive and advanced plastics value chains,” said Executive VP Margrethe Vestager, who is in charge of competition policy. &#822...