Heisse: Siemens will be allowed to merge its network infrastructure division with that of the Finnish Nokia group. The transaction would not jeopardize free competition in the business segment, the EU Commission found on Monday in Brussels after studying the implications of the possible merger from the vantage point of competition policy and law for four weeks.
Market leader Ericsson and Alcatel-Lucent both exerted enough competitive pressure in the mobile-phone network equipment sector, the EU Commission declared.
With the completion of the merger Nokia will take control of the newly founded company Nokia Siemens Networks, to which both Nokia and Siemens will contribute their mobile and fixed-line phone network equipment businesses.
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