US gives its blessing to Google's Moto purchase
When it rains, it pours. Just hours after European regulators gave the green light to Google to snatch up Motorola Mobility, the US Justice Department gave the couple its own blessing. The $12.5 billion purchase has drawn serious scrutiny from both regulators and Big G's own partners, though, consensus seems to be that Mountain View is more interested in Moto's patents than in entering the hardware business. Though the Justice Department doesn't see the merger as an immediate threat to competition, it did issue a stern warning that it "will not hesitate to take appropriate enforcement action to stop any anticompetitive use of SEP (standard essential patent) rights." The concern is an understandable one since all the major players in the mobile space, Motorola included, have been at each other's legal throats for some time now. There are still a few more interested parties who will have to give their own consent to the combination including China, Israel and Taiwan. But, with two of the biggest potential blockades giving Google the thumbs up, it's looking more and more likely that the purchase will go through.
