The EU Commission authorizes the acquisition of joint control of a newly created joint venture operating a system for the collection of road tolls from heavy trucks in Germany (DaimlerChrysler / Deutsche Telekom / Toll Collect)
"Merger Control: Main developments between 1st January 2003 and 30th April 2003"*
On 30 April 2003 the European Commission authorised the acquisition of joint control by DaimlerChrysler AG and Deutsche Telekom AG of the newly created joint venture Toll Collect GmbH. Toll Collect will establish and operate a system for the collection of road tolls from heavy trucks in Germany which can also be used as a platform to provide telematics services. An in-depth investigation showed that the transaction would lead to a dominant position of DaimlerChrysler on the emerging market for telematics systems in Germany. DaimlerChrysler and Deutsche Telekom successfully addressed the Commission’s concerns by offering a set of commitments providing for a level playing field for all competitors on the
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