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The EC needs more time to study the merger of Fiat and Chrysler, and Peugeot

The European Commission (EC) has closed the investigation into the proposed merger of Fiat and Chrysler, the parent company of Peugeot, PSA, for the time being

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The EC needs more time to study the merger of Fiat and Chrysler, and Peugeot

The European Commission (EC) has closed the investigation into the proposed merger of Fiat and Chrysler, the parent company of Peugeot, PSA, for the time being will be suspended. In the same time the requested information is not provided, as it was the DH on Wednesday, know.

"This is a procedure in investigations of proposed mergers will be set in motion if the parties fail, within the time delivery of the important information that the commission has requested," said the EC.

"Where is the missing information has been supplied, the counter is re-run, and a deadline for when the commission is a definite need to provide re-established." That deadline was earlier, on the 13th of november.

in The study, of Brussels, has focused on the question of whether the competition in the market for vans in fourteen EU countries as well as in the United Kingdom, it is limited by the combination of the same.

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