China approves Microsoft, Nokia deal

China has approved Microsoft's purchase of Nokia's devices and services business subject to certain conditions.

Nokia and Microsoft put forward their final solutions in March, which can reduce the deal's potential threat to market competition, the Chinese Commerce Ministry (MOC) said.

In a statement, the ministry said it had made the decision to ok the deal after analysing the "vertical relationship" between Nokia's smartphone business and Microsoft's patents for smart terminal operating system and mobile smart terminals.

The MOC has also studied the potential impact of the deal on abuse of patents and China's smartphone market, it said.

Shang Ming, head of the MOC's anti-monopoly bureau, said the case was one of the most complicated since China's anti-monopoly law came into effect, as 75 per cent of the world's handsets are made in China, and China accounts for 34 per cent of the global smartphone market.

If Microsoft raised the licensing fees for its patents, China's handset makers would have to exit the market or transfer part or all of the extra costs to smartphone consumers, state-run Xinhua news agency quoted Shang as saying.

If abuse of dominant position or other monopoly acts are found in the future, related regulators would launch investigations in accordance with anti-monopoly laws and regulations, Shang warned.

Post new comment

E-mail ID will not be published
CAPTCHA
This question is for testing whether you are a human visitor and to prevent automated spam submissions.

EDITORIAL OF THE DAY

  • E-auction and eventual privatisation of coal industry are welcome steps

    The government’s decision to privatise the scam-ridden coal industry through a presidential ordinance will eventually end the monopoly of public sec

FC NEWSLETTER

Stay informed on our latest news!

INTERVIEWS

GV Nageswara Rao

MD & CEO, IDBI Federal Life

Timothy Moe

Goldman Sachs

Chander Mohan Sethi

CMD, Reckitt Benckiser India

COLUMNIST

Tushar Gandhi

Sustainable model for rural sanitation

Prime minister Narendra Modi has promised to build a toilet ...

Rajgopal Nidamboor

Synchronous balance is vital for one and all

Imagine that you are playing an electronic game, or actually ...

Shona Adhikari

When women to birds become a painter’s muses

This week the focus is on renowned artist Amitabha Banerjee, ...

INTERVIEWS

William D. Green

Chairman & CEO, Accenture