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U.S. Justice Department okays Google's Motorola Mobility Purchase

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Wednesday, 15 February 2012

U.S. Justice Department okays Google's Motorola Mobility Purchase

Shortly after European regulators gave Google the approval to purchase Motorola Mobility, the U.S. Justice department followed with their approval. This deal is worth $12.5 billion and had some regulators and Google partners nervous, though, Google is primarily interested in the patents Motorola owns. The U.S. Justice Department doesn't see the merger as an immediate threat but issued a warning that they "will not hesitate to take appropriate enforcement action to stop any anticompetitive use of SEP (standard essential patent) rights." The only consent Google needs now is from China, Israel and Taiwan for the deal to be official approved.


 
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