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

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.