14 DAY TRIAL // Microsoft and Nokia have received India’s go-ahead to complete their recently-announced $7 billion (€5.10 billion) deal, as the local Competition Commission has explained that such a move is unlikely to cause an “appreciable adverse effect on competition in India.”
Wall Street Journal is reporting that India remains Nokia’s second top market, despite the decline of its global market share, while Microsoft continues to bet big on this particular country for many of its products.
The local antitrust regulators also explained that Microsoft’s collaboration does not affect the Indian market as several other mobile phone producers are already selling their devices in the country.
“This relation is relatively insignificant, taking into consideration the minimal share of Microsoft as well as the presence of major players like Google and Apple, as well as other players like RIM, Linux, Mozilla etc. in the business of the operating software used in the mobile/smartphones and tablets in India,” the Commission explained.