Rail merger set for antitrust reviews
By Lanlan | China Daily | Updated: 2015-01-15 07:43
The merger of China's two biggest rolling stock producers faces intense antitrust scrutiny around the world, analysts said, with the combination of CSR Corp Ltd and CNR Corp Ltd likely to create the globe's largest trainmaker by sales.
The German Federal Cartel Office, for example, said on its website that the agency received a notification of the merger on Jan 5.
The two companies may have submitted pre-merger notifications to more international antitrust agencies and the case may need to be reviewed by more countries as the size of the deal will affect related markets, said analysts. Neither company could be reached for comment.
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