Cisco Systems Inc. has lost a court bid in the European Union General Court - the second highest in the region - to overturn approval of Microsoft's 2011 takeover of Skype Technologies



From Techradar:

Cisco is one of the largest makers of networking equipment in the world, holding a large share in the enterprise communications market. It argued that the combination of Microsoft and Skype gave the two companies 80 to 90 per cent of the market for video calling on Windows-based computers.

According to the EU General Court, Cisco "failed to demonstrate" that the EU was wrong to find the Microsoft-Skype merger in line with the bloc's internal market. The merger, the court ruled, "does not restrict competition" in the video communications market for consumers and businesses.

  Cisco loses EU Court Appeal to overturn approval of Microsoft-Skype merger