30 September 2008

Nokia/NAVTEQ – navigating the non-horizontal merger guidelines

The Nokia/NAVTEQ and TomTom/Tele Atlas vertical mergers were considered by the European Commission at the same time as the publication of the Commission’s new Guidelines on non-horizontal mergers (the Guidelines 1), providing an early test of the application of the new regime. The Commission’s main concern was the likelihood of total and partial vertical input foreclosure. Eventually both mergers were cleared without remedies following phase II investigations.

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