EU antitrust regulators to probe GPS devices deal

EU regulators on Wednesday opened a detailed probe of Dutch technology group TomTom's takeover of Dutch firm Tele Atlas on concerns the deal could stifle competition in the market for hand-held navigation devices.

By GPS Daily Editorial Team · Editorial process

Published November 27, 2007

The European Commission said it would rule by mid April whether to allow the 2.9-billion-euro (4.3-billion-dollar) takeover of Tele Atlas, a leading maker of digital maps, by TomTom, which makes portable navigation devices.

The European Union's top competition watchdog said it had "serious doubts" the deal would "lead to a significant impediment to effective competition."

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GPS Daily Editorial Team

The GPS Daily Editorial Team produces content across our two editorial pillars: space industry news and Mind & Meaning. We cover launches, missions, satellites, defense, and the technology of getting humans to space, alongside the psychology of ambition, isolation, and meaning under extremes. Articles reflect our team's collective editorial process, source verification, drafting, technical review, and editing, rather than a single writer's work. GPS Daily takes editorial responsibility for content under this byline. For more on how we work, see our editorial policy.