EU clears D.Telekom/DaimlerChrysler road toll JV

Newswire

BRUSSELS, April 30 (Reuters) - Deutsche Telekom AG and DaimlerChrysler AG's joint venture for an electronic road toll system in Germany won conditional approval on Wednesday from the European Commission. Under a contract with the German government, a satellite-based system made by the companies will use the Global Position System (GPS) to record the time and distance of truck trips in Germany. Trucks weighing more than 12 tonnes will have to pay road tolls of about 15 cents per kilometre ...

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