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German antitrust body gives green light to VW-Rivian joint venture

Posted on July 29, 2024 by admin

BERLIN, (Reuters) – Germany’s Volkswagen and U.S electric car maker Rivian Automotive may form a joint venture, the German competition authority said on Monday.

There are “no serious competition problems to be feared”, Andreas Mundt, head of the Bundeskartellamt, said in a statement.

Writing by Friederike Heine, Editing by Rachel More

 

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