Lenovo Interested in Blackberry

Lenovo actively considered a bid for Blackberry and showed its interest. However the Canadian government interfered telling Blackberry it will not allow a Chinese company to take over due to security reasons. Blackberry was commonly used by the general public, business professionals and government officials. Due to its past popularity, it offered a secure network and during the last two months, the Canadian government made it clear that it does not want China to obtain these private and secure information. The government says that Canada is open to foreign investment, but not at the cost of compromising national security. While being bought by Lenovo could be a good opportunity for Blackberry, it does still need to oblige the government’s regulations. So this brings in the question: how much should the government really interfere with businesses and the free market?

http://www.theglobeandmail.com/report-on-business/lenovo-considered-a-bid-for-blackberry-but-ottawa-wouldnt-accept-chinese-takeover/article15256976/

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