Stock Market News

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

2022.07.04 13:01

2/2
German cartel office allows VW, Bosch to start automated driving cooperation
Volkswagen (ETR:VOWG_p) 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.

Related Articles

Leave a Reply

Back to top button
bitcoin
Bitcoin (BTC) $ 91,651.56 2.10%
ethereum
Ethereum (ETH) $ 3,107.29 1.01%
tether
Tether (USDT) $ 0.999846 0.10%
solana
Solana (SOL) $ 242.57 1.16%
bnb
BNB (BNB) $ 615.08 0.19%
xrp
XRP (XRP) $ 1.09 3.88%
dogecoin
Dogecoin (DOGE) $ 0.394749 8.85%
usd-coin
USDC (USDC) $ 0.99976 0.01%
staked-ether
Lido Staked Ether (STETH) $ 3,103.94 0.91%
cardano
Cardano (ADA) $ 0.734014 0.30%
tron
TRON (TRX) $ 0.202479 0.26%
shiba-inu
Shiba Inu (SHIB) $ 0.000025 3.76%
avalanche-2
Avalanche (AVAX) $ 34.53 0.32%
the-open-network
Toncoin (TON) $ 5.52 1.35%
wrapped-bitcoin
Wrapped Bitcoin (WBTC) $ 91,489.51 2.02%
wrapped-steth
Wrapped stETH (WSTETH) $ 3,681.34 0.97%
sui
Sui (SUI) $ 3.64 0.09%
chainlink
Chainlink (LINK) $ 14.77 2.55%
weth
WETH (WETH) $ 3,108.79 1.05%
bitcoin-cash
Bitcoin Cash (BCH) $ 447.86 2.82%
pepe
Pepe (PEPE) $ 0.00002 2.19%
polkadot
Polkadot (DOT) $ 5.81 1.36%
leo-token
LEO Token (LEO) $ 7.92 5.02%
near
NEAR Protocol (NEAR) $ 5.82 0.56%
stellar
Stellar (XLM) $ 0.22935 5.41%
litecoin
Litecoin (LTC) $ 87.09 3.40%
aptos
Aptos (APT) $ 11.65 0.36%
uniswap
Uniswap (UNI) $ 9.29 3.94%
wrapped-eeth
Wrapped eETH (WEETH) $ 3,272.55 1.11%
hedera-hashgraph
Hedera (HBAR) $ 0.139975 20.39%
usds
USDS (USDS) $ 1.00 0.50%
crypto-com-chain
Cronos (CRO) $ 0.167821 4.70%
internet-computer
Internet Computer (ICP) $ 9.32 2.90%
kaspa
Kaspa (KAS) $ 0.169293 2.83%
render-token
Render (RENDER) $ 8.00 4.77%
bonk
Bonk (BONK) $ 0.000052 8.12%
ethereum-classic
Ethereum Classic (ETC) $ 26.32 0.92%
mantra-dao
MANTRA (OM) $ 4.09 4.55%
bittensor
Bittensor (TAO) $ 481.88 0.11%
dogwifcoin
dogwifhat (WIF) $ 3.47 0.58%
polygon-ecosystem-token
POL (ex-MATIC) (POL) $ 0.434081 4.82%
ethena-usde
Ethena USDe (USDE) $ 1.00 0.04%
fetch-ai
Artificial Superintelligence Alliance (FET) $ 1.31 2.74%
dai
Dai (DAI) $ 0.999794 0.04%
whitebit
WhiteBIT Coin (WBT) $ 22.17 0.14%
monero
Monero (XMR) $ 158.68 3.28%
blockstack
Stacks (STX) $ 1.92 2.19%
arbitrum
Arbitrum (ARB) $ 0.699038 3.06%
vechain
VeChain (VET) $ 0.033306 8.18%
filecoin
Filecoin (FIL) $ 4.41 0.93%