The Map Room: EU Formally Objects to TomTom-Tele Atlas Deal

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EU Formally Objects to TomTom-Tele Atlas Deal

Reuters reports that the European Commission has sent a statement of objections to TomTom over its proposed takeover of Tele Atlas. This is not an outright rejection; TomTom now has until May 5 to offer additional remedies to assuage EU concerns that the deal is anticompetitive. Via Engadget.

Previously: EU Investigates TomTom-Tele Atlas Deal.

Posted on Saturday, March 1, 2008 at 4:43 PM
Categories: Industry News

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