EU launches in-depth antitrust probe into $50bn Fiat Chrysler-PSA deal

Merger of Fiat Chrysler and Peugeot.

Brussels has opened an in-depth antitrust probe into the $50bn merger of Fiat Chrysler and France’s PSA amid concerns that the deal “may reduce competition” in the lucrative small commercial vans market. The second-phase investigation was launched on Wednesday after the two carmakers failed

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