Explainer: Why Siemens-Alstom rail merger is creating European tensions

Germany's Siemens and France's Alstom agreed in 2017 to merge their rail assets, hoping to create a European industrial champion. But the EU's competition authority has doubts about the deal and could turn it down, despite the companies offering to take steps to clinch it.

from Reuters: Business News https://reut.rs/2TTwzA0