Traffic.com Target of Congressional Investigation?
Traffic.com, the new subsidiary of NAVTEQ, the target of a takeover by Nokia...... is the target of a possible investigation by the House Transportation and Infrastructure Committee' subcommittee on highways and Transit; whew!
Anyway, according to Motherjones.com: "Under the auspices of the U.S. Department of Transportation (DOT), in more than a decade the politically connected Traffic.com has received over $50 million in sole-source government contracts to establish data-collection systems in at least 25 metropolitan areas. The stated goal of the program is to help state and local agencies manage traffic flow on increasingly congested roads. But the main beneficiary, according to critics, has been Traffic.com itself... Traffic.com reserves much of the most valuable data for sale directly to consumers through the web and vehicle-based systems."
Well; don't know if it's true, but I'll be happy to take that data and skip traffic jams, thank you. We'll keep you posted.
Via Rich at GPSTracklog
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Posted by Scott Martin at November 5, 2007 7:55 PM
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