Mergers: Commission clears TomTom’s proposed acquisition of digital map provider Tele Atlas

Author (Corporate)
Series Title
Series Details IP/08/742 (14.05.08)
Publication Date 14/05/2008
Content Type

The European Commission approved under the EU Merger Regulation the proposed acquisition of Tele Atlas by TomTom, both of the Netherlands. Tele Atlas is a provider of navigable digital maps and TomTom produces portable navigation devices (PNDs – often known as satellite navigation devices or SatNavs). After an in-depth examination, launched in November 2007 (see IP/07/1800), the Commission concluded that the transaction would not significantly impede effective competition in the European Economic Area (EEA) or any substantial part of it.

Source Link http://europa.eu/rapid/pressReleasesAction.do?reference=IP/08/742&format=HTML&aged=0&language=EN&guiLanguage=en
Subject Categories
Countries / Regions ,