Mergers & Acquisitions Mergers & Acquisitions

Comment: Alstom-Bombardier review shows EU heeding Chinese rivals when the market does

By Nicholas Hirst and Natalie McNelis
  • 28 Jan 2021 08:58
  • 28 Jan 2021 08:58

After Siemens and Alstom’s merger was blocked in 2019, one might have thought that the European Commission didn’t consider China's train giant CRRC to be a contender in Europe.

The commission found that allowing the two European train makers to combine would put too much of the market in their hands,

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