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7/4, 12:18 PM (Source: TeleTrader)
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Germany allows Bosch, VW to develop self-driving tech

Germany's Federal Cartel Office said on Monday it has allowed Volkswagen and Bosch to start developing driving automation technology, adding it will continue monitoring their collaboration.

Commenting on the agreement, the office's chief Andreas Mundt noted that "It is the task of the cartel office to maintain competition already at the level of research and development, as this is where the foundations for future products and markets are laid."

The cooperation between the two companies wasn't restricted by the cartel office due to falling under the European Union's research and development rules, which have allowed multiple other IT companies to work on similar technology.

Baha Breaking News (BBN) / ND