China approves Microsoft, Nokia deal

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

RELATED ARTICLES

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E-mail ID will not be published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

  • Child abuse needs to be tackled with the seriousness it deserves

    The Bangalore rape case has again brought into focus an issue we Indians forever shy away from facing up to — child sexual abuse.

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

Varun Dutt

<b>Riskfactor</b>: THE BASE RATE BIAS

Base rate fallacy, also called base rate neglect or base ...

Parvez Imam

Revisiting history can do us all good

We often think that we understand history. We read it ...

Bubbles Sabharwal

Your happiness doesn’t depend on your needs

They are two different words (and even worlds) altogether: having ...

INTERVIEWS

William D. Green

Chairman & CEO, Accenture