The European Commission Wednesday gave the go-ahead for the takeover of Dutch computer maker Packard Bell by Acer of Taiwan, after a one-month examination of the deal.

In a statement Europe’s top competition authority said the deal “would not significantly impede effective competition,” even though the companies compete head-on in the markets for desktops and laptops for professional and private use.

“The market would remain competitive post-merger in all segments of the PC sector with established alternative suppliers such as Hewlett-Packard, Dell, Fujitsu-Siemens, Toshiba, Sony and Lenovo,” the Commission said.

By The New York Times    Read more>>