EU's top competition chief leaves door open for US stake in Nokia, Ericsson

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U.S. Attorney General William Barr suggested the government take a stake in Nokia and Ericsson to stop Huawei's dominance of 5G.

U.S. Attorney General William Barr said earlier this month that the government should

Nokia and Ericsson are two of the biggest networking equipment makers and direct competitors to Huawei. "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.

 

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