German cartel office allows VW, Bosch to start automated driving cooperation

IAA MOBILITY 2021 show in Munich

BERLIN – Volkswagen and Bosch may begin jointly developing automated driving technology, the German cartel office said on Monday, adding that it would continue to monitor the companies’ cooperation.

“It is the task of the cartel office to maintain competition already at the level of research and development, as this is where the foundations for future products and markets are laid,” office head Andreas Mundt said in a statement.

VW and Bosch’s cooperation falls under European research and development rules, which the office said exempted it from a cartel ban. There are also several other automotive and IT firms working on similar technology at present, the office added.

(Writing by Miranda Murray; Editing by Paul Carrel)

Related posts

Meet Cracker Barrel’s Chief Marketing Officer Who Made the Decision to Rebrand the Company, Causing $100 Million in Losses

Majority of New Jersey Residents are Struggling Financially According to Poll

New Jersey Files Charges Against GOP Chairman Over $382 Tax Fraud