Mofcom has conditions to approve Microsoft's acquisition of Nokia mobile phone business

"Related information" Microsoft's acquisition of Nokia mobile phone won China's approval: The South Korean barrier has not yet eliminated the Ministry of Commerce has the conditions to approve the acquisition of Nokia mobile phone business (TechWeb map) Sina Science and technology news, April 8, the Ministry of Commerce issued a notice this afternoon, announced the conditions for the acquisition of Nokia Microsoft announced in early September this year that it would buy a Nokia mobile phone business with 7.2 billion dollars and a large patent portfolio. Subsequently, the European Union, the United States and other countries and regions of the regulatory authorities approved the deal. China's Ministry of Commerce has approved a move closer to the end of the deal. Government agencies such as South Korea are still reviewing the deal. According to the Ministry of Commerce, the Ministry of Commerce said that Microsoft's acquisition of Nokia Equipment and services business case for the Chinese smartphone market may be excluded, restricting competition effect, so the establishment of restrictive provisions. The Commerce Department's biggest concern is that after the deal is completed, Microsoft and Nokia could harm the Chinese smartphone market by abusing smartphone patents and damaging consumer interests. To this end, the Ministry of Commerce asked Microsoft and Nokia to make a commitment not to use proprietary means to limit the development of Chinese handset makers, or to seek higher patent costs. The ministry also asked Microsoft and Nokia to submit their reports to the Ministry of Commerce each year, informing them of compliance with the restrictions. Nokia previously said the deal would be completed by April. (Loliang)