The European Commission, the antitrust regulation group of the European Union, will decide whether or not to approve Microsoft's plan to acquire Nokia's Devices and Services decision by December.



From Neowin:

Microsoft announced its plans to acquire Nokia's Devices and Services division nearly two months ago, but before that happens the company has to go through a number of hurdles. That includes getting approval from many government regulatory agencies including Microsoft's old nemesis the European Commission and the antitrust regulation group of the European Union.

Today, Reuters reports that Microsoft has formally asked the European Commission to approve their deal to acquire the smartphone portion of Nokia. The deal, thanks to Nokia's own rising stock price, is now worth 5.44 billion euros, or about $7.49 billion. The commission will decide whether or not to approve the Microsoft-Nokia deal by December 4th. It could extend that date by an additional 10 working days if Microsoft offers up any anti-competition concessions.

  EU regulators to approve or deny Microsoft's Nokia purchase by December