The EU Commission conditionally approves a merger between automotive companies (Fiat Chrysler / Peugeot)

Mergers: Commission approves the merger of Fiat Chrysler Automobiles N.V. and Peugeot S.A., subject to conditions * The European Commission has approved, under the EU Merger Regulation, the proposed merger between the automotive companies Fiat Chrysler Automobiles N.V. (‘FCA') and Peugeot S.A. (‘PSA'). The approval is conditional on full compliance with a commitments package offered by the companies. Executive Vice-President Margrethe Vestager, responsible for competition policy, said: “Access to a competitive market for small commercial vans is important for many self-employed and small and medium companies throughout Europe. We can approve the merger of Fiat Chrysler and Peugeot SA because their commitments will facilitate entry and expansion in the market for small commercial vans.

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European Commission, The EU Commission conditionally approves a merger between automotive companies (Fiat Chrysler / Peugeot), 21 December 2020, e-Competitions Merger Remedies, Art. N° 98516

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