Fiat Chrysler, PSA offer concessions to address EU concerns about merger

Europe

BRUSSELS — Fiat Chrysler Automobiles and PSA Group have offered concessions to address EU antitrust concerns about their plan to create the world’s fourth-biggest automaker, a European Commission filing showed on Friday.

The EU antitrust enforcer temporarily halted its investigation into the deal in July while waiting for the companies to provide requested data. It did not set a deadline for its decision.

The EU investigation focuses on whether the deal would hurt competition in small vans in 14 EU countries and Britain.

Products You May Like

Articles You May Like

2022 Volkswagen Taos preview
Ron Baron doesn’t want TSLA investors to forget about SpaceX
Georgia battery plant project awaits verdict
Tesla Model S/X/3/Y Comparison (Range, Price, Acceleration) October 2020
Mercedes will use EQS to spearhead EV entry in US, not EQC

Leave a Reply

Your email address will not be published. Required fields are marked *