By Keith Barrow, International Railway Journal; July 16, 2018
THE European Commission (EC) confirmed on July 13 that it has launched an “in-depth” investigation into the merger of Siemens mobility and Alstom amid concerns that the combination may adversely affect competition in the signalling and rolling stock markets.
The EC says fears the transaction could lead to “higher prices, less choice and less innovation due to reduced competitive pressure in rolling stock and signalling tenders.”
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