December 4, 2013 / 4:46 PM / 4 years ago

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.

A Nokia mobile phone lies on a tablet computer showing logos of Microsoft, in this illustration picture taken in Frankfurt, November 18, 2013. REUTERS/Kai Pfaffenbach

“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

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