The EU Commission prohibits a merger in the market of railway signalling systems and very high-speed trains (Siemens / Alstom)

Mergers: Commission prohibits Siemens' proposed acquisition of Alstom* The European Commission has prohibited Siemens' proposed acquisition of Alstom under the EU Merger Regulation. The merger would have harmed competition in markets for railway signalling systems and very high-speed trains. The parties did not offer remedies sufficient to address these concerns. Commissioner Margrethe Vestager, in charge of competition policy, said: 'Millions of passengers across Europe rely every day on modern and safe trains. Siemens and Alstom are both champions in the rail industry. Without sufficient remedies, this merger would have resulted in higher prices for the signalling systems that keep passengers safe and for the next generations of very high-speed trains. The Commission prohibited

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European Commission, The EU Commission prohibits a merger in the market of railway signalling systems and very high-speed trains (Siemens / Alstom), 6 February 2019, e-Competitions Bulletin Transport (rail), Art. N° 89220

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