Reuters Oct 18, 2018 08:04 AM IST
German luxury carmakers Daimler and BMW have offered concessions to address EU antitrust concerns about their plan to combine their car-sharing businesses, the European Commission said on 16 October.
The companies made the offer on 15 October, 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 7 November whether to accept the concessions, demand more or open a full-scale investigation.
Daimler and BMW want to combine their car-sharing units Car2Go and DriveNow to better compete with US rival Uber and China’s Didi Chuxing.