Google, Samsung ask China to limit Microsoft-Nokia deal - Bloomberg
REUTERS - Google Inc (GOOG.O) and Samsung Electronics Co Ltd (005930.KS) have asked Chinese regulators to ensure that Microsoft Corp's (MSFT.O) bid to acquire Nokia Oyj's (NOK1V.HE) phone business did not lead to higher licensing fees on patents that remain with the Finnish company, Bloomberg reported on Monday.
The companies joined Chinese mobile phone makers Huawei Technologies Co Ltd HWT.UL and ZTE Corp 000063.SZ in voicing concerns about Microsoft gaining more power in the smartphone market, the report said, citing two government officials familiar with the matter.
The companies have asked the regulators to set conditions on the deal, the officials said. (r.reuters.com/syp37v)
China's Ministry of Commerce is conducting an anti-monopoly review and is likely to approve the deal, the officials told Bloomberg. European Union antitrust regulators approved the acquisition without conditions in December.
Samsung and Google did not respond to Reuters requests for comment. Nokia declined to comment.
(Reporting By Lehar Maan in Bangalore; Editing by Sriraj Kalluvila)
- Tweet this
- Share this
- Digg this
- UPDATE 9-Total CEO de Margerie killed in Moscow as jet hits snow plough
- Indiana police charge suspect who may have killed for decades
- Total CEO de Margerie killed in Moscow business jet accident
- China's growth slowest since global crisis, annual target at risk
- Pistorius jailed for 5 years for killing girlfriend Steenkamp
Apple Inc forecast a strong holiday quarter after a better-than-expected 16 percent jump in iPhone sales, and the strongest growth in Mac computer shipments in years helped the company surpass Wall Street's targets. Full Article | Related Story