EU regulators on Wednesday (6 February) rejected plans by Germany's Siemens and France's Alstom to create a European railway company, citing concern over rising prices and costs for taxpayers.
Siemens and Alstom wanted to combine their rail operations, a move backed by the French and German governments, which wanted to create global European industrial champions.
The landmark EU decision prompted Germany and France to call for the overhaul of Europe's competition rules as they a...
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Already a member? Login hereEszter Zalan is a Hungarian journalist who worked for Brussels-based news portal EUobserver specialising in European politics, focusing on populism and Brexit.
Eszter Zalan is a Hungarian journalist who worked for Brussels-based news portal EUobserver specialising in European politics, focusing on populism and Brexit.