Fiat Chrysler, PSA likely face longer EU antitrust probe of merger, report says

Fiat Chrysler, PSA likely face longer EU antitrust probe of merger, report says

The two companies didn’t take a chance to try to settle antitrust concerns with an early-stage offer that had to be submitted by Wednesday, Bloomberg reported. Longer probes can allow companies to argue for fewer concessions or to hammer out more complicated divestments.

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