| Author (Person) | Tait, Nikki |
|---|---|
| Series Title | Financial Times |
| Series Details | 15.5.08 |
| Publication Date | 15/05/2008 |
| Content Type | News |
|
The European Commission has 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. |
|
| Related Links |
|
| Subject Categories | Internal Markets |
| Countries / Regions | Europe |
