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This article is brought to you in association with the European Commission. The European Commission has approved, under the EU Merger Regulation, the acquisition of Bombardier Transportation by Alstom. The approval is conditional on full compliance with a commitments package offered by Alstom. Executive Vice-President Margrethe Vestager, in charge of competition policy, said: “Alstom and Bombardier […]
The European Commission (EC), after months of investigation and discussions, came to the independent conclusion to refuse the merger of the rail companies Siemens and Alstom despite the improvements provided by the two firms together with the continuous pressure by the French and German governments. Nevertheless, France and Germany still believe that the EU has wrongly […]
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