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European Commission Approves Microsoft's Nokia Buy

The European Commission has given Microsoft's planned acquisition of Nokia's mobile device business the green light. In a press release dated December 4 , the Commission said it ha... More The European Commission has given Microsoft's planned acquisition of Nokia's mobile device business the green light. In a press release dated December 4 , the Commission said it had investigated potential compeition concerns and found none. The press release stated "The Commission concluded that the transaction would not raise any competition concerns, in particular because there are only modest overlaps between the parties' activities and the links between Microsoft's mobile operating systems, mobile applications, and enterprise mail server software with Nokia's smart mobile devices are unlikely to lead to competitors being shut out from the market," Find more Wochit videos on Yahoo Screen. Less

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