tirole3_ Aytac UnalAnadolu AgencyGetty Images_siemens alstom merger Aytac Unal/Anadolu Agency/Getty Images

Keep Politics Out of Europe’s Competition Decisions

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Following the European Commission’s recent rejection of the proposed Alstom-Siemens rail merger, France and Germany want to rewrite EU merger rules and give member states more say over proposed tie-ups. But although this approach may seem tempting, Europe would be wise to keep such decisions free from political influence.

TOULOUSE – The European Commission’s decision last month to block the proposed rail-industry merger between Alstom and Siemens was clearly a blow for the two companies. It was also a major setback for the French and German governments, which had strongly supported the deal.

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