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EU, US clear Google takeover of Motorola

Tuesday 14 February 2012 | 09:02 CET | News
The European Commission and US Department of Justice have cleared Google's USD 12.5 billion takeover of Motorola Mobility. Neither found the takeover would significantly affect competition in the mobile handset OS market or lead to restrictions on licensing key technology. While the EC did not impose any conditions on the takeover, it did say it would keep a close eye on the market. "We have approved the acquisition of Motorola Mobility by Google because, upon careful examination, this transaction does not itself raise competition issues," said Joaquin Almunia, the commissioner in charge of

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Categories: Mobile & Wireless
Companies: Apple / EMC / European Commission / Google / Microsoft / Motorola Mobility / Nortel / Research In Motion / Sony
Countries: Europe
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