Apple Gets Antitrust Approval for Nortel Bid

Apple got approval from U.S. antitrust regulators to bid for the assets of bankrupt Nortel Networks. The Antitrust Division of the Justice Department reviewed Apple’s request to bid for a number of Nortel patents. While Apple has won a green light to participate in the bidding, the Antitrust Division will continue to review any anticompetitive issues that could arise if an agreement is reached