AfterDawn: News

US DOJ approves Microsoft purchase of Nokia devices and services

The U.S. Department of Justice has approved of Microsoft's plans to acquire Nokia's mobile devices and services business.

A notification by the Federal Trade Commission's Bureau of Competition confirmed the approval as of November 29th.



"We look forward to the date when our partners at Nokia will become members of the Microsoft family, and are pleased that the Department of Justice has cleared the deal unconditionally," added Microsoft.

Nokia shareholders approved the deal last month, and other authorities have approved the deal, as well, since it was announced earlier this year.

The next, and biggest hurdle, will be European Union approval. The European Commission has until December 4th to decide on whether the bid violates EU competition rules.

Microsoft agreed to acquire the divisions for $7.2 billion along with licensing of important mobile patents.

Written by: Andre Yoskowitz @ 2 Dec 2013 22:33

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• 3 comments

• KillerBug

  Remember, we have a free market...the proof is that a company who makes Windows Phone cannot buy the only company selling Windows Phone without being approved by a hundred different groups that are claiming to be doing so in order to protect competition.
  

  
  

  3.12.2013 09:08 #1

• hearme0

  Originally posted by KillerBug: Remember, we have a free market...the proof is that a company who makes Windows Phone cannot buy the only company selling Windows Phone without being approved by a hundred different groups that are claiming to be doing so in order to protect competition. Ummmm.........you're only KINDA correct.
  
  We are a free market yes but monopolies and price-fixing aren't allowed and antitrust is HUGE here.
  
  I'm gonna be nice to you even though you spewed nonsense.
  
  There is NO "PROOF" that you mention. Has NOTHING to do with "buying the only company that sells the Windows phones."... NOTHING. This is all about MS and Nokia merging and becoming a business-strangling monopoly which isn't the case as this merger doesn't eliminate competition.
  
  Take a business class or 2 before shooting off b.s.!!

  4.12.2013 20:59 #2

• xnonsuchx

  Originally posted by hearme0: Originally posted by KillerBug: Remember, we have a free market...the proof is that a company who makes Windows Phone cannot buy the only company selling Windows Phone without being approved by a hundred different groups that are claiming to be doing so in order to protect competition. Ummmm.........you're only KINDA correct.
  
  We are a free market yes but monopolies and price-fixing aren't allowed and antitrust is HUGE here.
  
  I'm gonna be nice to you even though you spewed nonsense.
  
  There is NO "PROOF" that you mention. Has NOTHING to do with "buying the only company that sells the Windows phones."... NOTHING. This is all about MS and Nokia merging and becoming a business-strangling monopoly which isn't the case as this merger doesn't eliminate competition.
  
  Take a business class or 2 before shooting off b.s.!!
  Thank you! ;-)

  6.12.2013 05:45 #3