Siemens\, Alstom both able to compete\, EU\'s Vestager says

Siemens, Alstom both able to compete, EU's Vestager says

Reuters  |  BERLIN 

(Reuters) - The rail divisions of and are world champions and are both able to compete in the market, the European Union's told newspaper, signalling scepticism over a planned merger of their rail businesses.

"We are talking about two great that are able to compete in the market", Vestager was quoted as saying on Wednesday.

Vestager also said that the rail signalling business was very sensitive with regards to security, added.

(Reporting by Tassilo Hummel; editing by Thomas Seythal)

(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

First Published: Wed, January 23 2019. 18:37 IST