EU Commission approves Microsoft takeover of Nokia business

By

European Union antitrust regulators have approved Microsoft's $7.3 bln acquisition of Nokia's mobile device business without conditions, the European Commission said on Wednesday.

"The Commission concluded that the transaction would not raise any competition concerns," the European Commission said in a statement, adding that it was unlikely "to lead to competitors being shut out from the market".

Tags
Microsoft Corp

© Reuters All rights reserved.

Join the Conversation

Real Time Analytics