Fiat-Chrysler-Jeep and Peugeot-Citroen-Opel merger under threat

A merger between the Fiat-Chrysler-Jeep brands and Peugeot-Citroen-Opel group may be under threat after the two conglomerates allegedly failed to respond to concerns from the European Union, according to a report from the Financial Times. The European Union's executive arm, the European Commission (EC), has launched a four-month antitrust investigation into the proposed merger of the two carmakers after they failed to meet a deadline last week to address initial concerns put forward by the EC.