the European Commission approved the merger of Nokia and Alcatel-Lucent: the deal will cost the Finns in $16.6 billion it is Noted that the absorption of the French manufacturer will not affect competition in the market of telecommunications equipment due to the fact that the parties are not close competitors. In addition, they exert their activity in different regions: Nokia is focusing in Europe, Alcatel-Lucent in North America.

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the European Commission approved the merger of Nokia and Alcatel-Lucent: the deal will cost the Finns in $16.6 billion it is Noted that the absorption of the French manufacturer will not affect competition in the market of telecommunications equipment due to the fact that the parties are not close competitors. In addition, they exert their activity in different regions: Nokia is focusing in Europe, Alcatel-Lucent in North America.

the European Commission stressed that a healthy competition will continue through the work of the industry leader — Ericsson, as well as the activities of the Asian region in the face of Samsung, Huawei and ZTE, reports The Verge.

Taken Nokia step indicates the company's desire to reduce its presence in the consumer market and focus on big business. It is expected that the transaction will be closed next year.