RACE FOR GLOBAL CHASSIS MARKET SHARE SPARKED BY EUROPEAN COMMISSION COMPETITION DECISION
March 9th, 2015
The European Union’s (EU) executive, the European Commission has used its competition law powers to open up a multi-billion dollar race for the huge global market for intelligent chassis systems and advanced collision-avoidance technology. Its regulatory starter pistol has been the terms it has imposed on German firm ZF, of Friedrichshafen, for its planned acquisition of TRW, based in Detroit. ZF and TRW are the two largest suppliers of chassis components - which include suspension ball joints, control arms, tie rods, stabilizer links, torque rods, v-links ...
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