Honda, Hitachi quote automakers' responses to CADE in Brazil to argue for fast approval of deal
By Caio Rinaldi ( July 9, 2020, 15:43 GMT | Insight) -- Japanese automaker Honda and conglomerate Hitachi told the Brazilian competition authority the integrated auto-parts company they expect to form will have “only very limited” competitive effects in the Brazilian auto-parts market because the companies' overlaps are limited in the country.Japanese automaker Honda and conglomerate Hitachi told the Brazilian competition authority the integrated auto-parts company they expect to form will have “only very limited” competitive effects in the Brazilian auto-parts market because the companies' overlaps are limited in the country....
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