A deal to buy Alcatel-Lucent was concluded, when it actually was. Nokia phone OS is going to either kick a*** or disappear quickly. I'd bet on the former as it's well time Android has some competition at its price point.
A CEO's job is not to create shareholder value. It's to run a company well. ALU has had a hard time with that and this merger looks as disastrous as the last one. At least Bell Labs gets to live.
It's not really a "French" issue since the CNIL was mandated by Brussels to carry out this work for the entire EU. Their letter is pretty much on point, EU legally speaking.
Also, shameless self-promotion of my legal commentary website: