EU Approves Microsoft’s Acquisition by Nokia

After thorough assessment, the EU has decided that the Nokia deal would not lessen competition in the market.

Microsoft bought previously Nokia’s Department for devices and services, for the tidy sum of about 40 billion dollars.

Purchase Microsoft secured the Finnish gigants Department for smartphones, in addition to 8500 patents in the future must ensure Microsoft greater influence on the market.

A market which at time of writing is governed by iOS and Google’s Android.

Approved after additional reflection period
It is apparent from a press release by the EU Commission now has approved Microsoft’s acquisition of Nokia’s phone business. It writes Policy

Microsoft could have gone new year meeting with no agreement, as the Commission reserved the right to an additional 10-day cooling-off period. They found, however, for a decision before then.

Still a minority among the other
The Commission also does not expect that the deal will have no impact on competition because the Windows Phone platform, ifl. IDC (American market analytical firm), have only 3.6% market share for smartphones.

Android and Apple’s iPhone accounts for 81% of 12.9%