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NERA Expert Comments on the Alstom and Siemens Merger
16 November 2018
Prof. Dr. Marc Ivaldi
NERA Affiliated Academic Professor Dr. Marc Ivaldi wrote a recent Le Monde article on the merger of French Alstom and German Siemens. Prof. Ivaldi explains why this merger will neither create the competitive advantage nor the price reductions promised given the specificities of the aviation and rail sector markets and given the fragmentation of the European rail market.
Read how Dr. Ivaldi came to his conclusions here.