On Friday 13 July, the European Commission opened an in-depth investigation concerning the planned acquisition of Alstom by Siemens, amid concerns that the transaction could reduce competition on the train and signalling systems markets.
The two companies are both leading players at global level and the two largest in the European Economic Area (EEA) on the markets for the production and supply of trains, underground trains and trams as well as signalling solutions.
Although no competition...