(Reuters) ? Network equipment maker Cisco Systems Inc has appealed the European Commission’s approval of Microsoft Corp’s acquisition of Internet voice and video service Skype, saying the commission should have put tougher conditions on the deal.
“Cisco does not oppose the merger, but believes the European Commission should have placed conditions that would ensure greater standards-based interoperability, to avoid any one company from being able to seek to control the future of video communications,” Cisco said on Wednesday.
Microsoft gained EU approval in October last year to buy Skype for $8.5 billion in its largest ever acquisition.
The European Commission said it did not see any competition concerns arising from the deal because there were numerous players in the market, including Google Inc.
The U.S. Federal Trade Commission cleared the deal in June.
The Luxembourg-based General Court is Europe’s second-highest court. While the court generally backs the Commission in antitrust cases, it has on occasion overturned decisions in recent years.
(Reporting By Nicola Leske in New York and Foo Yun Chee in Brussels; Editing by Andre Grenon)
Source: http://us.rd.yahoo.com/dailynews/rss/internet/*http%3A//news.yahoo.com/s/nm/20120215/wr_nm/us_cisco
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