Covisint gets go-ahead



The Federal Trade Commission in the US has given the green light to Covisint, the online trading exchange set up by Ford, General Motors and DaimlerChrysler.


The Federal Trade Commission in the US has given the green light to Covisint, the online trading exchange set up by Ford, General Motors and DaimlerChrysler. But the commission signalled it will be watching closely how the business develops and monitor any indication of monopolistic behaviour to restrict competition. The auto companies now have to wait for the...

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