The UK Competition Authority raises concerns over a merger between two firms providing rail signalling (Hitachi / Thales)

Rail signalling deal could push up fares for passengers* Hitachi’s anticipated purchase of Thales’ rail infrastructure business could lead to higher fares in future, the CMA has found. Signalling systems are used across mainline rail and urban metro routes – such as the London Underground – to control the movement of trains, supporting the safety and reliability of services. Hitachi Rail Ltd (Hitachi) and Thales SA’s Ground Transportation Business (Thales) are both large global