Planes, Trains And Automobiles - Industry Trend or Event - Brief Article

The European Commission has set a precedent for business-to-business exchanges by clearing Myaircraft.com to do business on the Continent. But officials indicated that Covisint, an Internet exchange owned by DaimlerChrysler, Ford, General Motors and Renault-Nissan, might prove to be the more important test case. In theory, b-to-b markets will make the trading of goods and services more efficient by letting buyers pool their purchases. Regulators worry that that may lead to anti-competitive practices. They will debate proposed changes to EU antitrust laws at a conference in Germany in November.

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