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Microsoft-Nuance deal cleared in UK after third party support; no foreclosure ability

By Victoria Ibitoye ( March 2, 2022, 14:11 GMT | Insight) -- Microsoft’s $19.7 billion acquisition of Nuance Communications has been cleared by the UK’s competition regulator, after third parties said the companies were not close competitors and evidence showed Microsoft would not be able to foreclose rivals. The Competition and Markets Authority was the last remaining competition authority required to greenlight the deal. The deal has already been approved in the EU, the US and Australia.Microsoft’s $19.7 billion acquisition of Nuance Communications has been cleared by the UK’s competition regulator after third parties said the companies were not close competitors and evidence showed Microsoft would not be able to foreclose rivals....

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