EU rubber-stamps Nokia's proposed Alcatel-Lucent gobble

The proposed mega-merger between Nokia and Alcatel-Lucent cleared a major hurdle on Friday, with the European Commission having given the deal its blessing. "The Commission concluded that the transaction would not raise competition concerns, in particular because the parties are not close competitors and since a number of …

[JetSetJim]

My, buying a company to get access to N. America. Funny, when they bought Motorola Wireless they (as NSN) said they would be "the third largest wireless infrastructure vendor in the United States". I guess that didn't go too well, then. Better luck next time, eh?