Daimler and BMW intend to establish six joint ventures, bringing together the two companies’ mobility services in various business fields including free-floating car sharing services. The European Commission found that the proposed transaction would raise competition concerns for car sharing in six cities, namely Berlin, Cologne, Düsseldorf, Hamburg, Munich and Vienna.
To address the European Commission’s competition concerns, Daimler and BMW offered, in the six relevant cities, a two-fold remedy package, granting:
- application programming interface (“API”) access to third party aggregator platforms for mobility solutions, so that they can also re-direct users to Daimler and BMW’s car sharing services; and
- access to Daimler “moovel” integrator app to interested car sharing providers.
NOCON has been appointed as monitoring trustee to monitor compliance with the remedy package.