Alstom/TGV Deal Antitrust Not a Concern

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France last week unveiled the order for the high speed TGV trains at an historic locomotive plant, most of which may never run on a suitable fast track.
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The French move has drawn criticism from some quarters because putting expensive high-speed rolling stock onto a traditional rail system would also increase state rail operator SNCF's operating costs.

President Francois Hollande is fighting to win a second term, promising he can reduce a rising jobless rate that is above 10 percent.