European Commission

EC blocks Siemens-Alstom merger

The European Commission (EC) announced Feb. 6 that it has blocked the merger of Siemens Mobility and Alstom on the grounds that the two companies have failed to address its concerns over competition on the markets for signaling and high-speed rolling stock.

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Siemens + Alstom: More concessions to EC

Siemens and Alstom confirmed in a statement Jan. 28 that they have offered further concessions to the European Commission (EC) in a bid to gain approval of their merger.

EC probing Siemens-Alstom merger

The European Commission (EC) has launched an “in-depth” investigation into the merger of Siemens Mobility and Alstom amid concerns that the combination may adversely affect competition in the signaling and rolling stock markets.