Google-Motorola Deal Approved By U.S. Department Of Justice

Feb 14

motorola_mobilityJust hours after the European Commission announced their approval of Google’s $12.5 billion Motorola purchase, the United States Department of Justice has announced that they too have given the deal their blessing. With this, Google is one step closer to closing the deal, although they’re still waiting on approval from China, Taiwan, and Israel before the transaction can officially be completed. According to the DoJ’s Antitrust Division, who conducted the investigation, the purchase was “not likely to significantly change existing market dynamics” or “substantially lessen competition.”

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