On Monday 30 October, the European Commission announced that it had authorised the proposed acquisition of the rail signalling or Ground Transportation Systems business of Thales (France) by Hitachi Rail, a subsidiary of Hitachi (Japan). The authorisation is subject to full compliance with the commitments proposed byHitachi Rail.
The two entities, which are close competitors, are the main suppliers of railway signalling services in the European Economic Area (EEA).
In its investigation,...