I agree... 🙋🏻♂️ Let them merge for a smarter, cleaner and better future.
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Two EU (French and German) companies who should compete on an equal playing field but don't. The EU does all it can to support both companies. What is wrong with competition and free trade?
So such big boss behavior is embarrassing to all member countries
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EU can afford to shunt Siemens-Alstom to a sidingMargrethe Vestager may well block the rail groups’ merger. That would rile German and French politicians yearning for a European champion to face down distant fears of Chinese dominance. But if the antitrust tsar pulls the plug, neither Siemens nor Alstom would suffer too much.
Source: Breakingviews - 🏆 470. / 51 Read more »
EU must approve Siemens/Alstom deal, says French finance ministerThe European Union must approve the tie-up between Germany's Siemens and Fr... Germany laughing at France.... Merger and acquisition reduces competition and strengthen monopoly. In effect its counterproductive and harmful to innovation and creativity. If Alstom and Siemens wants to compete with others, hey should compete on price, quality and delivery, not collude to undermine industry.
Source: Reuters - 🏆 2. / 97 Read more »
Siemens CEO says he's still confident EU regulators will approve Alstom dealThe German multinational Siemens is still positive the EU will approve its merger with France's Alstom, despite competition concerns from Brussels.
Source: CNBC - 🏆 12. / 72 Read more »
Siemens rules out further concessions to get Alstom deal approval: sourcesSiemens will not make further concessions to save a rail merger deal with France...
Source: Reuters - 🏆 2. / 97 Read more »