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Microsoft gets FTC approval to buy Skype

Microsoft gets FTC approval to buy Skype Created by MG1 on Jun 20, 2011

The FTC on Friday said it had given approval to Microsoft's buyout of Skype. The clearance determined that the deal wouldn't create any significant anti-competitive issues. The filing didn't say whether other agencies had to close the deal, which Microsoft had only said would be approved by the end of 2011.
Many have raised alarms over the deal given that Microsoft would take ownership of the dominant Internet calling company. It could theoretically use the deal to cut off support for other platforms, particularly Android and the iPhone, or else give favorable treatment for Windows Phone and other core platforms. Microsoft has insisted it would support other platforms but has had a poor trac... »read more

More at: Electronista Add additional source

Filed in: Microsoft

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