EU OKs BMW, Mercedes EV Charging Alliance in China
The European Commission has given the green light to BMW and Mercedes' alliance for an electric vehicle charging network in Europe. The approval process raised no competition concerns, as the impact on the European market is limited.
The case was reviewed under the simplified procedure, indicating fewer potential issues. The operation is not anticipated to have a negative impact on the European economy. Despite a thorough examination, no information was found regarding the name of the person who authorized the merger approval.
The alliance between BMW and Mercedes-Benz for an electric vehicle charging network in Europe has been approved by the European Commission. The decision was reached without raising competition concerns, and the operation is not expected to negatively affect the European economy.
