Skip to main content

Cisco will try to reverse Microsoft's purchase of Skype in Europe

posted onMay 28, 2013
by l33tdawg

Cisco Systems Inc, the world's leading network equipment maker, will try to convince Europe's second highest court on Wednesday that it should overturn the EU's approval of Microsoft's purchase of Skype.

If Cisco wins the challenge at the Luxembourg-based general court, the European Commission would have to annul its decision, which allowed Microsoft to buy the Internet video and voice company without having to make any concessions.
 
Cisco, which is appealing together with Italian fixed-line and Internet telephone provider Messagenet SpA, will argue that the Commission made several "manifest errors" in assessing the $8.5 billion Microsoft-Skype deal. It is expected to argue that the combined company's dominant share in the communications market gave it the ability and the incentive to refuse to provide data that would allow rivals to work with the merged firm's products.

Source

Tags

Skype Cisco Microsoft EU Law and Order

You May Also Like

Recent News

Friday, November 1st

Tuesday, July 9th

Wednesday, July 3rd

Friday, June 28th

Thursday, June 27th

Thursday, June 13th

Wednesday, June 12th

Tuesday, June 11th

Friday, June 7th

Thursday, June 6th