Wednesday, May 14. 2008

TomTom Acquisition of Tele Atlas a Go

The word came today from the EU. Basically the Commission said there was no reason fear unfair strategies:

"The Commission found that the merged company would be unlikely to pursue these strategies because its ability to restrict access to digital maps ... would be limited by the presence of an upstream competitor, Navteq," it said.

The new company "would have no incentive to restrict access to digital maps because the sales of digital maps lost by Tele Atlas would not be compensated by additional sales of personal navigation devices," it said.

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