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EU: Daimler, BMW offer concessions

 |  October 18, 2018

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

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