Monday, February 13, 2012

The European Commission approves acquisition of Motorola Mobility by Google

The European Commission has cleared the proposed acquisition of Motorola Mobility by Google. The Commission approved the transaction mainly because it would not significantly modify the market situation in respect of operating systems and patents for these devices.

Joaquín Almunia, Commission Vice President in charge of competition policy, said: "We have approved the acquisition of Motorola Mobility by Google because, upon careful examination, this transaction does not itself raise competition issues. Of course, the Commission will continue to keep a close eye on the behaviour of all market players in the sector, particularly the increasingly strategic use of patents"

Details: European Commission - Press release

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