The European Commission has given its unconditional approval for Nokias acquisition of Infinera under the EU Merger Regulation. The Commission found no competition concerns in the European Economic Area (EEA).
Investigation Overview
Nokia and Infinera both provide optical transport equipment for data transmission via optical fiber cables. The merger aims to enhance the merged companys competitive stance and accelerate its product development.
The Commission reviewed the mergers impact on the global and EEA markets for optical transport equipment. It concluded that the combined market shares are moderate and that sufficient competition remains.
Consequently, the Commission cleared the merger, finding no significant competition issues in the EEA.
Company Profiles
Nokia, based in Finland, operates globally in network infrastructure, mobile networks, cloud services, and more.
Infinera, based in the US, supplies networking solutions, including equipment and services.
Regulatory Framework
The Commission assesses mergers with significant turnover to prevent anti-competitive concentrations (see Article 1 of the EU Merger Regulation).
Most mergers pose no competition issues and are approved after initial review. The Commission has 25 working days to approve or extend the investigation.
Further Information
Details are available on the Commissions competition website and in the public case register under case M.11663.