Press Release: Mergers: Commission approves the acquisition of Nortel’s Multi-Service Switching business by Ericsson

The European Commission has approved under the EU Merger Regulation the proposed acquisition by Swedish company Ericsson over the Multi-Service Switching Business of Canadian Nortel Network Corporation. After examining the operation, the Commission concluded that the transaction would not significantly impede effective competition in the European Economic Area (EEA) or any substantial part of it.