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Europe Daily Bulletin No. 9661

16 May 2008
Contents Publication in full By article 32 / 38
GENERAL NEWS / (eu) eu/competition
Commission approves acquisition of digital map provider Tele Atlas by TomTom

Brussels, 15/05/2008 (Agence Europe) - The European Commission, on Wednesday 14 May, cleared 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), also known as satellite navigation devices (SatNavs). After an in-depth examination, launched in November 2007, the Commission concluded that the transaction would not significantly impede effective competition in the...

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