The EU Commission opens in-depth investigation into the proposed merger of two global automotive companies (Fiat Chrysler / Peugeot)

Mergers: Commission opens in-depth investigation into the proposed merger of PSA and FCA* The European Commission has opened an in-depth investigation to assess the proposed merger of automotive companies Fiat Chrysler Automobiles N.V. (“FCA”) and Peugeot S.A. (“PSA”) under the EU Merger Regulation. The Commission is concerned that the proposed transaction may reduce competition with respect to light commercial vehicles (vans) below 3.5 tonnes in the European Economic Area (EEA) and, more specifically, in 14 EU Member States and the UK. Executive Vice-President Margrethe Vestager, responsible for competition policy, said: “Commercial vans are important for individuals, SMEs and large companies when it comes to delivering goods or providing services to customers. They are a growing market

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European Commission, The EU Commission opens in-depth investigation into the proposed merger of two global automotive companies (Fiat Chrysler / Peugeot), 17 juin 2020, e-Competitions June 2020, Art. N° 95507

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