The European Union anti-trust regulators have approved Microsoft's $7.3 billion acquisition of Nokia's mobile device business without any conditions.
However, the fate of Nokia's factory at Sripermbudur, near Chennai, is still uncertain as Nokia is caught in a dispute with the Indian Tax (I-T) Department.
However, the fate of Nokia's factory at Sripermbudur, near Chennai, is still uncertain as Nokia is caught in a dispute with the Indian Tax (I-T) Department.
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According to a Reuters report, the European Commission said on Wednesday, "the Commission concluded that the transaction would not raise any competition concerns," adding that it was unlikely "to lead to competitors being shut out from the market".
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