TomTom DealDeal ClearedCleared

TomTom has received the go-ahead from the European Commission for its takeover of Tele Atlas: AP, Bloomberg, Reuters. In a nutshell, the existence of a competitor, Navteq/Nokia, would remove any incentive on the part of the merged TomTom/Tele Atlas to pull any anti-competitive shenanigans. Via All Points Blog and Engadget.

Previously: TomTom-Tele Atlas Update.

Posted on Wednesday, May 14, 2008 at 6:18 PM
Categories: Industry News

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