It seems plausible that the sector-specific Draft Guidelines could have more far-reaching potential implications, chiefly because the issues addressed by the Draft Guidelines are also faced by many other industries with similar business models. Against this background and in an atmosphere of heightened vigilance, the Draft Antitrust Guidelines for the Automotive Industry (the Draft Guidelines) released by the NDRC last year have received significant attention from stakeholders both within the automotive industry itself, and beyond. The Draft GuidelinesThe Draft Guidelines were issued for public facebook/" target="_blank">comment on 23 March 2016. Importantly, the Draft Guidelines also bring, at least within the automotive industry, the PRC position regarding vertical arrangements closer to the approach adopted in other jurisdictions, most notably the EU. The Draft Guidelines are sector-specific in that they are stated to apply only to the automotive industry.
according to Blockchain Technology Revolutionizing Automotive Industry is part of Frost & Sullivan's Automotive & Transportation Growth Partnership Subscription. For instance, in 2017 Bosch, Cisco and many start-ups, formed a consortium to build IoT applications based on blockchain technology. Contact us: Start the discussionBlockchain Technology Revolutionizing Automotive IndustryK13A-18Contact:Clarissa CastanedaCorporate Communications – North AmericaP: 210.477.8481F: 210.348.1003E: clarissa.castaneda@frost.comhttp://www.frost.comTo view the original version on PR Newswire, visit:http://www.prnewswire.com/news-releases/automotive-industry-relies-on-blockchain-platforms-to-enhance-security-in-increasingly-digitized-environment-300464314.htmlSOURCE Frost & SullivanRelated Linkshttp://www.frost.com Meanwhile, financial divisions in the automotive industry are forming consortiums to frame policies that will help them comply with regulations on a global level. "Stakeholders all along the value chain are showing great eagerness to harness the power of this technology to achieve best-in-class decentralization, transparency and security."
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Automotive Industry News, Self-Driving Cars And Stocks To Watch
View More Auto Industry NewsRELATED:Best Stocks To Buy And Watch The automotive industry is undergoing a rapid transformation, with automakers and technology giants such as General Motors (GM), Alphabet (GOOGL) and Tesla (TSLA) racing with and against each other to develop electric cars, autonomous vehicles and mobility services. Bookmark this page to stay on top of the latest auto-sector trends and technology, with ongoing coverage of industry leaders and disruptors, including General Motors, Ford (F), Fiat Chrysler (FCAU), Toyota Motor (TM), Delphi (DLPH), Alphabet's Waymo and ride-hailing services pioneer Uber.
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