Jean-Claude Juncker hit back at German and French critics of European Union competition policy as his top antitrust official prepares to veto a high-profile rail merger between Siemens AG and Alstom SA.
The president of the European Commission, the EU’s executive arm, said its antitrust approach lets strong companies emerge in Europe. In the almost 30 years since the first European merger rules were put in place, the commission has approved more than 6,000 deals and blocked fewer than 30, he said.
