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Wednesday, 4 July 2012

German authorities put GM and Peugeot under microscope

Reuters reports that the Bundeskartellamt, the German Federal Cartel Office, is going to look more closely at the proposed link-up between GM and Peugeot. It will undertake a Phase II investigation, which can take three months, as the initial investigation did not allow long enough. The Office is particularly concerned about the effect of the alliance on car parts suppliers.

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