Thursday, September 29, 2011

U.S. antitrust hook guard at Motorola after takeover

U.S. antitrust hook guard at Motorola after takeover

The Antitrust Division of the U.S. Department of Justice has requested
additional information from the Internet service provider Google on its
takeover plans for Motorola Mobility. Such a "second request" was
nothing unusual and had been previously made available to his company,
Dennis Woodside, wrote on the Google blog.

Google announced in mid-August to try to take over the cell phone
manufacturer for 12.5 billion U.S. dollars. The 30-day review period has
the cartel guards apparently not enough to dispel all doubts. Woodside
said he was confident that competition will not affect the "very
dynamic" market of mobile phone manufacturers with the acquisition.

Such "second requests" for acquisitions of this caliber are not
uncommon, said the Wall Street Journal. She did not mean that the
acquisition must fail. About 4 percent of the planned mergers in the
past year, the U.S. antitrust guards have not had inquiries.

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