Fiat/PSA's dominance in small vans hangs up EU's merger approval
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EU antitrust regulators are concerned about Fiat Chrysler and Peugeot car maker PSA's combined high market share in small vans and may require concessions to clear their $50 billion merger, people familiar with the matter said. The companies, which are seeking to create the world's fourth biggest carmaker, were told of the European Commission's concerns last week. If Fiat and PSA fail to dispel the European Commission's doubts in the next two days and subsequently decline to offer concessions
Continue reading Fiat/PSA's dominance in small vans hangs up EU's merger approval
Fiat/PSA's dominance in small vans hangs up EU's merger approval originally appeared on Autoblog on Mon, 8 Jun 2020 08:22:00 EDT. Please see our terms for use of feeds.
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EU antitrust regulators are concerned about Fiat Chrysler and Peugeot car maker PSA's combined high market share in small vans and may require concessions to clear their $50 billion merger, people familiar with the matter said. The companies, which are seeking to create the world's fourth biggest carmaker, were told of the European Commission's concerns last week. If Fiat and PSA fail to dispel the European Commission's doubts in the next two days and subsequently decline to offer concessions Continue reading Fiat/PSA's dominance in small vans hangs up EU's merger approval
Fiat/PSA's dominance in small vans hangs up EU's merger approval originally appeared on Autoblog on Mon, 8 Jun 2020 08:22:00 EDT. Please see our terms for use of feeds.
Permalink | Email this | Comments
More...