EU to veto rail merger in defiance of France, Germany
06 Feb 2019; AFP: The EU's powerful anti-trust sheriff, Margrethe Vestager, is set to veto the merger of the Siemens-Alstom rail businesses on Wednesday, in defiance of France and Germany.
The tie-up, announced to great fanfare last year, was hailed as the birth of a much needed European industrial champion, an Airbus for the railways to face down a formidable Chinese rival.
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