German carmakers Daimler and BMW have offered concessions to address EU antitrust concerns about their plan to combine their car-sharing businesses, the European Commission announced on October 16.
The companies made the offer on October 15, a filing on the EU competition enforcer’s website showed, without providing details.
The Commission is expected to seek feedback from customers and rivals before deciding by November 7 whether to accept the concessions, demand more or open a full-scale investigation.
Full Content: Reuters
Want more news? Subscribe to CPI’s free daily newsletter for more headlines and updates on antitrust developments around the world.
THIS ARTICLE IS NOT AVAILABLE FOR IP ADDRESS 216.73.216.118
Please verify email or join us
to access premium content!
