UK Regulators Approve Address Database Monopoly

Law360, New York (February 15, 2011, 2:59 PM EST) -- The U.K.’s economic regulator cleared the way Tuesday for a joint venture between the country’s two biggest geographically targeted address databases — despite finding that the merger would create a market monopoly.

The Office of Fair Trading said it would not refer the proposed joint venture between the Ordnance Survey and the Local Government Improvement and Development Agency to the U.K. Competition Commission, arguing further scrutiny of the deal was unnecessary.

In vetting the merger, the OFT said it found that the Ordnance Survey, a nonministerial...
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