for-phone-onlyfor-tablet-portrait-upfor-tablet-landscape-upfor-desktop-upfor-wide-desktop-up
Deals

EU has no leeway if Alstom/Siemens concessions don't completely remedy problems: official

BERLIN (Reuters) - If new concessions that Alstom and Siemens have offered on their proposed rail business merger do not completely remedy problems raised by a market inquiry, the EU competition office will have no room for maneuver, a senior EU official said on Monday.

Alstom and Siemens have offered new concessions to try to satisfy get the EU’s cartel green light for their plans to create a joint European rail champion, Alstom confirmed on Monday.

Reporting by Andreas Rinke; Writing by Riham Alkousaa; Editing by Michelle Martin

for-phone-onlyfor-tablet-portrait-upfor-tablet-landscape-upfor-desktop-upfor-wide-desktop-up