02/03/2011 (Agence Europe) - Go-ahead for acquisition of Nortel's MSS business by Ericsson. On Wednesday 2 March, the European Commission approved the proposed acquisition by Swedish company Ericsson over the Multi-Service Switching Business of Canadian Nortel Network Corporation. After examining the operation, the Commission concluded that the transaction would not significantly impede effective competition in the European Economic Area (EEA) or any substantial part of it....