Thales-Hitachi rail signal deal delayed over UK competition watchdog concerns

Thales-Hitachi rail signal deal delayed over UK competition watchdog concerns

FILE PHOTO: The logo of Thales is seen at the Viva Tech fair in Paris, France, May 16, 2019. REUTERS/Charles Platiau

Britain’s competition watchdog is concerned Japan’s Hitachi acquisition of France’s Thales railway signalling business may result in higher fares for passengers, it said on Friday.