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Brazil: Unanimous approval for Microsoft, Skype marriage

By  |  April 4, 2013
Brazil: Unanimous approval for Microsoft, Skype marriage

Brazil’s antitrust authority CADE has announced its approval for Microsoft to acquire Skype. The deal to buy the VoIP service, estimated to be about $8.5 billion, was approved unanimously without conditions. The parties announced their plans in May 2011. While the two businesses have overlapping services within Brazil, an examination by CADE found no suggestions that the deal would hamper competition, noting that competition remains from social networks such as Facebook and Orkut.

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