The Alliance of the American-Italian automaker Fiat Chrysler Automobiles (FCA) and the French group PSA (Peugeot-Citroen) can harm the competition on the cargo capacity of 14 European Union member countries, such as the Czech Republic, Hungary, Slovakia, etc., as well as the car market of the United Kingdom . This was reported by the European Commission. The Commission begins to investigate that will last at least four months.

Recall, at the end of last year, automakers FCA and PSA agreed to the creation of the Alliance. This union would create the fourth largest car manufacturer in the world, after

It was stated that, thanks to the conduct of agreed policy and the distribution of markets, it would be better to cope with the reduction in costs and weak demand, automakers will be able to divide the cost of producing environmentally friendly vehicles that must meet more rigid standards standards.

In turn, the representatives of the European Commission stated that they were concerned about the high market share in a number of countries that both automakers would have after the merger. In many countries, PSA or FCA are already leaders in the market of light commercial vehicles, and the merger will eliminate one of the main competitors — say in Brussels. In addition to the car market of the Czech Republic, the transaction can limit competition in Belgium, Croatia, France, Greece, Hungary, Italy, Lithuania, Luxembourg, Poland, Portugal, Slovakia, Slovenia and Spain.

The European Commission after completing the investigation should publish its decision by October 22.

Previously, the automakers stated that their goal is to close the deal by the end of the first quarter of 2021. Until now, they refused to make concessions to mitigate the EU problems with regard to competition.

Currently, the transaction between FCA and PSA has already been approved by antitrust authorities in the United States, China, Japan and Russia. Agreement will give impetus to joint work of the brands of the French group Peugeot, Citroen,