EU Commission approves Microsoft takeover of Nokia business

Reuters News
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Posted: Dec 04, 2013 11:41 AM
EU Commission approves Microsoft takeover of Nokia business

BRUSSELS (Reuters) - European Union antitrust regulators have approved Microsoft's $7.3 billion 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".

(Reporting By John O'Donnell; editing by Robin Emmott)