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EU Objects to TomTom / TeleAtlas Deal

 
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Darren
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Joined: 11/07/2002 14:36:40
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PostPosted: Mon Mar 03, 2008 10:19 am    Post subject: EU Objects to TomTom / TeleAtlas Deal Reply with quote

pocketgpsworld.comSource: Reuters 1 Mar 2008
According to a Reuters news item, The European Commission is sending a "statement of objections" to TomTom in connection with their plan to but TeleAtlas, TomTom's main map data supplier.

TomTom had submitted solutions to some of the specific areas of objection but they were not accepted before the deadline. The "statement of objections" lays out the competition problems such a deal presents but does not mean a deal will be rejected. The European Commission are instead now looking to TomTom to offer solutions by a May 5 deadline.

According to the news item, whilst statements of objection complicate and slow the process TomTom is pressing on with its plans.
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jonandmarkuk
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Location: Derby

PostPosted: Mon Mar 03, 2008 2:24 pm    Post subject: Reply with quote

If it leads to better quality maps then I have no problem with TomTom buying TeleAtlas.

So long as they don't try to squash other GPS manufacturers by making the maps / licensing expansive and complicated.
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