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Exclusive: Fiat, PSA merger hits EU roadblock, may need concessions - sources

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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 ...

BRUSSELS: Fiat Chrysler's planned US$50 billion merger with Peugeot maker PSA has hit a bump after EU regulators voiced concerns about the companies' market share in small vans, indicating concessions may be required, sources said.

The EU competition enforcer, which has set a June 17 deadline for concluding its preliminary review, declined to comment. Fiat and PSA also declined to comment.

 

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