Business integration of FCA and PSA EU starts investigation on suspicion of violation of competition law June 18 5:34
EU-European Union hinders fair competition if two manufacturers with high share of small vans in the market consolidate on business integration agreed between major carmakers FCA-Fiat Chrysler and PSA-Peugeot Citroen Because of the fear, the investigation was started on the suspicion of violating EU competition law.
European-based Fiat Chrysler and Peugeot Citroen have agreed to consolidate their business in December last year and plan to complete the procedure for the birth of the world's fourth largest automobile group by March next year.
On this day, the European Commission, which is the executive body of the EU, announced on the 17th that it has begun investigation on the suspicion of violating the EU competition law, which is the Japanese Antitrust Law.
In the EU member states and the UK market, the two manufacturers have a high share of commercial small vans, so the combination could hinder fair competition in the market.
The European Commission said, “Small vans are indispensable for delivering goods, and their importance is increasing with the increasing number of online orders. It is necessary to carefully examine them so as not to adversely affect individuals and companies. There is".
In response, the two manufacturers said in a statement, "I would like to elaborate on the great benefits that integration will bring to consumers and industry."
The European Commission has been working on the survey for approximately four months and will conclude it by October this year.