European Commission (EC) started 4-month investigation of propose...
European Commission (EC) started 4-month investigation of proposed joint venture of Deutsche Telekom (DT) and Daimler Chrysler that would offer value-added telematics applications including real-time information on traffic flows and messaging between truck drivers in Germany. Joint venture, called…
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Toll Collect GmbH, won tender organized by German govt. for installation and operation of toll- collecting system for trucks on German motorways, EC said. Commission expressed concerns that transaction might have “adverse” impact on competition in emerging telematics services market in Germany. DT and Daimler Chrysler each would have 45% stake, with French highway operator Cofiroute holding 10%. EC said that after preliminary review, it found that toll-collecting system “could become a predominant platform for the provision of telematics services for the transport and logistics sector.” It said Daimler Chrysler already was active in telematics market and through present operation could control “to a significant extent” competition in this emerging market: “The Commission has… serious doubts whether the transaction can be approved in its present form.”