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European Regulators Clear Microsoft-Nokia Deal

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Dec 4, 2013, 1:11 PM   by Eric M. Zeman   @phonescooper

The European Commission today approved Microsoft's proposed purchase of Nokia's handset business. After assessing any overlap between the two companies' businesses, as well as how the merger might affect each companies' existing business relationships, the EU believes the merged entity won't be a threat to competition or choice in the industry. Microsoft's proposed acquisition of Nokia recently garnered approval from U.S. regulators.

more info at European Commission »
more info at TechCrunch »

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