EU Commision approves Google-Motorola deal


The European Commision which is the official competition regulator for all 27-members of the EU,  approved this morning Google – Motorola $12.5 billion deal mentioning that the deal would have no major effects on the market for operating systems and patents for these devices.

Although the transaction received the “go ahead,” the commission also added that it would closely monitor the company and its partners use of patents to make sure they comply with EU regulations (antitrust rules).

“We have approved the acquisition… because upon careful examination, this transaction does not itself raise competition issues,” said Joaquin Almunia EU Competition Commissioner.

This merger decision should not and will not mean that we are not concerned by the possibility that, once Google is the owner of this portfolio, Google can abuse these patents, linking some patents with its Android devices. This is our worry,” he also added in his statement.

Google is still waiting for an approval from China (March 20) and US, where according to an article written by the WSJ, the deal is expected to go through by the end of the month.

Update: Recent updates says that US Justice Department also approved Google’s Motorola buyout.

via Reuters