U.S. Attorney General William Barr said earlier this month that the government should consider taking a controlling stake in Nokia, Ericsson or
Nokia and Ericsson are two of the biggest networking equipment makers and direct competitors to Huawei.
Margrethe Vestager, the EU’s competition commissioner, told CNBC Tuesday that it’s up to the “businesses to answer if they are for sale or not” but it’s up to European lawmakers “to make sure that every risk is assessed.”
“Here in Europe we are neutral on ownership, you can be state owned or privately owned, what is important for us is that you act as a market operator that you have a real business case for what you do,” Vestager told CNBC’s Silvia Amaro.
“So, you know, I have no specific point if the U.S.
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President Donald Trump’s administration has been pressuring countries around the world, particularly in Europe, to ban Huawei
Members of Trump’s administration don’t appear to agree with Barr’s suggestion however. Vice President Mike Pence told CNBC earlier this month that he does not endorse
Ericsson declined to comment when contacted by CNBC. Nokia has yet to respond to a request for comment.
Ericsson’s biggest shareholder Cevian Capital said U.S.
Christer Gardell, a managing partner
“It is clearly better for Sweden, the company, the employees and the shareholders that an American deal is done with Ericsson and not with Nokia. The board and management need to drive and handle this question with the highest priority,” he told CNBC by email.