Microsoft seeks EU approval

Microsoft has asked EU antitrust regulators to approve its $7.49bn (£4.66bn) takeover of Nokia's phone business as part of a push into the mobile devices business.

The deal, announced last month, includes a 10-year licensing agreement of Nokia’s patent portfolio. The European Commission said it would decide by 4 December whether to clear the acquisition. It can extend the review by 10 working days if Microsoft offers concessions to allay possible competition concerns.