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Mercedes-Benz, BMW, VW tell Brazil CADE their global joint venture won't allow exchange of sensitive information

By Ana Paula Candil ( September 27, 2022, 20:16 GMT | Insight) -- German-based carmakers Mercedes-Benz, BMW and Volkswagen, as well as eight major auto-parts firms, have told the Brazilian competition authority their global joint venture won't have access to information exchanged between market players in the automotive industry, won't store or collect data from users and won't allow the exchange of commercially sensitive information. The Tribunal of the Administrative Council for Economic Defense in August decided to further scrutinize the deal after the Superintendence's unconditional approval.German-based carmakers Mercedes-Benz, BMW and Volkswagen, as well as eight major auto parts firms, have told the Brazilian competition authority their global joint venture won't have access to information exchanged between market players in the automotive industry, won't store or collect data from users and won't allow the exchange of commercially sensitive information....

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