Cisco To Appeal EU Approval Of $8.5B Microsoft-Skype Deal

Law360, New York (February 15, 2012, 3:54 PM EST) -- Telecommunications giant and electronics maker Cisco Systems Inc. said Wednesday that it would challenge the European Union antitrust regulator's approval of Microsoft Corp.’s $8.5 billion bid to take over Skype Technologies SA.

Cisco said it does not oppose the merger, but believes the European Commission should have placed conditions that would ensure “greater standards-based interoperability,” in order to prevent any one company from controlling the future of video communications.

“We did not take this action lightly. We respect the European Commission and value Microsoft as a...
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