The EU Commission cleared MicrosoftÂ’s acquisition of Nokia

The European Commission cleared NokiaÂ's acquisition by Microsoft. According to the EUÂ's executive body, Â"the transaction would not raise any competition concerns, in particular because there are only modest overlaps between the parties' activities.Â". MicrosoftÂ's official acquisition of Nokia will see NokiaÂ's former CEO Stephen Elop return to Redmond as a head of an expanded Devices team. It will include Window Phone devices, Microsoft Surface, and Xbox gaming consoles.

The European CommissionÂ's approval of the deal comes a day after the US Department of Justice gave it its own clearance.

GSM Arena , The EU Commission cleared MicrosoftÂ's acquisition of Nokia, The EU Commission cleared MicrosoftÂ's acquisition of Nokia