The Commission this week cleared the creation of a joint venture between Nokia Group and Autoliv AB

Series Title
Series Details 08/02/96, Volume 2, Number 06
Publication Date 08/02/1996
Content Type

Date: 08/02/1996

to develop, manufacture and market airbag control electronics for cars. With a market share of 15&percent; in the European Economic Area (EEA), it will compete with Siemens, ELO Ford, Temic and Bosch. This, plus the fact that its customers would be powerful car companies, allowed the Commission to approve the deal.
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