EU Clears Skype Acquisition
The European Commission has cleared the proposed acquisition of the Internet voice and video communication provider Skype by Microsoft Corp., the EU’s antitrust watchdog said Friday.
“In the area of consumer communications, the investigation found that the parties’ activities mainly overlap for video communications, where Microsoft is active through its Windows Live Messenger,” the commission said in a statement.
“However, the Commission considers that there are no competition concerns in this growing market where numerous players, including Google, are present.”
