The automotive industry is unquestionably evolving at considerable pace whether through advances in connectivity and autonomy in vehicles, developments in the way that consumers access and use vehicles or changes driven by the 'electric revolution' and the unprecedented industry disruption caused by the COVID-19 pandemic.
Through our series of articles, "Views on an evolving automotive industry", we will look at some of the legal, regulatory and compliance issues that arise from these unprecedented changes.
In this second article of the series, we look at the key competition challenges currently faced by the industry. We focus in particular on the trend towards increased consolidation and collaboration, the growing importance of data and digital platforms, and contractual arrangements associated with new business opportunities, for example, the growth of mobility services and the licensing of key technology.
The contents of this publication are for reference purposes only and may not be current as at the date of accessing this publication. They do not constitute legal advice and should not be relied upon as such. Specific legal advice about your specific circumstances should always be sought separately before taking any action based on this publication.
© Herbert Smith Freehills 2021