Google, Samsung Ask China To Limit Microsoft-Nokia Deal
by Ajith , at 08:05 , has 0
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Google and Samsung have asked Chinese regulators to ensure that Microsoft-Nokia deal should not affect the patents fees of Nokia products. | | |
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Wednesday, March 05, 2014: Tech giants, Google and Samsung Electronics have reportedly asked Chinese regulators to ascertain that Microsoft's bid to take over Nokia Oyj's phone business, should not raise the licensing fees on various patents that continue with the Finnish company. Microsoft is buying Nokia's mobile phone business at 5.4 billion Euro deal.
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According to a Bloomberg report, the companies second the concerns of Chinese mobile phone makers Huawei Technologies Co Ltd and ZTE Corp, over Microsoft gaining more cognition in the smartphone market. The companies have asked the regulators to set certain conditions on the deal.
Meanwhile, China's Ministry of Commerce is conducting an anti-monopoly review over the deal. It is likely that it will approve the deal. Earlier, European Union antitrust regulators also approved the acquisition without conditions, in December.
Earlier this week, the Indian Supreme Court heard Nokia's appeal, which challenged a lower court ruling over the transfer of its mobile handset plant in the country, to Microsoft causing a tax dispute. Last month, Nokia appealed to the SC stating that the Delhi High Court had obligated "new conditions" over transfer of the plant, after allowing it in first place. |
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