VW SWEDEN
May 1st, 2002
BU ALAN OSBORNTHE EUROPEAN Commission has given clearance under the EU mergerregulations to the acquisition by the German carmaker Volkswagen AG of fullcontrol of Svenska Volkswagen AB, its exclusive wholesale distributor forthe Volkswagen, Audi, Seat and Skoda motor vehicles as well as Porschemotor vehicles in Sweden. Commission officials said the deal, one of anumber in which VW has recently sought to increase its presencein the European market, did not raise concerns over competition, either inmotor distribution or in terms of the car-maker's own position, and ...
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