Department of Justice_20100824114215_JPG

Seal of the United States Department of Justice.

  • Wall Street Journal Headlines
BlackBerry's Longtime Head of Sales Resigns
Longtime BlackBerry Exec Leaves Firm

Longtime Research In Motion (RIM) executive Patrick Spence is …

Report: NYSE Reaches Out to Facebook
Report: NYSE Reaches Out to Facebook

NYSE Euronext has reached out to Facebook Inc., inviting the …

Facebook Stock Climbs, but Company Faces Lawsuits
Facebook Stock Climbs Amid Lawsuits

Facebook's fourth day of trading as public company brought …

Hewlett-Packard to Lay Off 27,000 Employees as 2Q Profit Falls 31 Percent
Hewlett-Packard to Cut 8% of Workforce

Hewlett-Packard Co. is cutting 27,000 jobs in an effort to …

Sony, Samsung Rein in TV Price Wars
Sony, Samsung Rein in TV Price Wars

Sony and Samsung Electronics are trying to force retailers to …

Poll Shows Romney/Obama In Dead Heat
Poll Shows Romney/Obama In Dead Heat

Voters remain deeply pessimistic about the nation's future and …

Nasdaq Admits Facebook IPO Launch Woes
Nasdaq Admits Facebook IPO Launch Woes

A senior Nasdaq Stock Market official told customers Tuesday …

Facebook Slide Could Hurt Calif. Budget
Facebook Slide Could Hurt CA Budget

California's budget could take a hit if Facebook's stock price …

CBO: Taxes, Spending Cuts Would Lead to Recession
CBO: Taxes, Cuts Lead to Recession

A new government study released Tuesday says that allowing …

Bone Drugs Linked to Rare Thigh Fractures
Medicine Linked to Rare Thigh Fractures

Widely used osteoporosis drugs such as Fosamax and Actonel …

  • Marketplace Advertisement

US Set to Clear Google-Motorola Deal

Updated: Wednesday, 08 Feb 2012, 5:50 PM PST
Published : Wednesday, 08 Feb 2012, 5:50 PM PST

(NewsCore) - The US Justice Department is poised to clear Google Inc.'s $12.5-billion acquisition of Motorola Mobility Holdings Inc. as early as next week, according to people familiar with the matter, giving Google a powerful armory of technology patents to deploy in the smartphone wars.

However, antitrust enforcers in the US and Europe remain concerned about Google's commitment to license key Motorola patents to competitors on fair terms, those people said, and are likely to closely monitor Google's use of the patents. The European Commission has set a deadline of Monday to decide whether to approve the acquisition.

The Justice Department is also set to clear a second big tech patent deal that has raised antitrust concerns in the smartphone industry. It will allow a consortium of tech companies including Apple Inc., Microsoft Corp. and Research In Motion Ltd. to acquire a trove of patents from bankrupt Canadian telecom equipment maker Nortel Networks for $4.5 billion, people familiar with the matter said.

Investigators had been looking at whether those tech giants were planning to use the patents to unfairly hobble competing smartphones using Google's Android software.

A Justice Department spokeswoman declined to comment.

 

blog comments powered by Disqus

  • Marketplace Advertisement
  • Related Keywords
  • Related Keyword Searches

      

Bookmark / Share Bookmark / Share
 

 

Advertisement
Advertisement
  • Most Read Stories | myFOXla.com