On 6 February 2019, the European Commission (“Commission”) prohibited Siemens’ proposed acquisition of Alstom under the EU Merger Regulation. The deal would have combined Siemens’ and Alstom’s transport equipment and service activities in a new company fully controlled by Siemens. According to the Commission, the merger would have harmed competition for railway signalling systems and
The EU Commission prohibits a merger in the market for railway signaling and very high-speed trains (Siemens / Alstom)
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