Google can buy phone company Motorola Mobility for $12.5 billion without violating antitrust laws, European Union officials announced on Monday, Reuters reported. However, officials said they would remain vigilant of the merger of the two companies and were still concerned that Google could use Motorla patents to give it an unfair edge in promoting Google’s Android mobile operating system. The merger, which was announced in August, still needs to get approval from authorities in the U.S., Israel, China and Taiwan. The U.S. Justice Department is widely anticipated to sign off on the deal, according to Bloomberg.
LATEST
News
Fed Nominee Warsh Advances But Powell Says He’ll Stay On, Frustrating Trump’s Bid For Control
04.29.26 | 4:52 pm
News
Supreme Court Rules in Lockstep with Trump Admin’s Vision of a Whiter America
04.29.26 | 4:37 pm
News
Supreme Court Conservatives, Sauer Defend Trump on Haiti Racism in TPS Oral Arguments
04.29.26 | 2:43 pm
News
How the SCOTUS VRA Decision Could Impact the Midterms and Beyond
04.29.26 | 11:55 am