A PYMNTS Company

EU: Commission announces ruling for Microsoft, Nokia deal

By  |  December 4, 2013

The European Commission followed US authorities in its clearance of the $7.4 billion buyout of Nokia’s handset operations by Microsoft, though warned Wednesday that it would monitor Nokia’s licensing practices.

    Get the Full Story

    Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required.

    yesSubscribe to our daily newsletter, PYMNTS Today.

    By completing this form, you agree to receive marketing communications from PYMNTS and to the sharing of your information with our sponsor, if applicable, in accordance with our Privacy Policy and Terms and Conditions.

    Nokia recently won a lawsuit in the UK against HTC over HTC’s use of a Nokia patent, resulting in a product ban of the HTC One mini.

    In an emailed statement, the Commission said it would “remain vigilant and closely monitor Nokia’s post-merger licensing practices under EU against rules.”

    Microsoft’s buyout includes the handset business as well as an extensive patent portfolio.

    While Nokia just won its case against HTC, both Nokia and Microsoft are under fire in the EU from Google for their use of patents to allegedly harm competition.

    Full Content: Bloomberg

    Want more news? Subscribe to CPI’s free daily newsletter for more headlines and updates on antitrust developments around the world.