30 Nov '11, 6am

Google-Motorola Merger Seeks European Commission Clearance

Google's buyout of Motorola Mobility is already under scrutiny from the U.S. Department of Justice, but the deal will also require clearance in Europe. The European Commission evaluation is scheduled to determine a ruling by January 10. The European Commission's Evaluation According to the newly filed M.6381 , the European Commission received notification for the Motorola / Google deal on November 25. The evaluation of the deal will follow the established guidelines of "Council Regulation 139/2004." Very little has been released by way of additional details, although the provisional deadline for the council is set for January 10, 2012. While it's possible that this deadline will be changed, the current documentation indicates that Google will hear back with official clearance – or a denial thereof – on or by January 10. The Merger Thus Far The August buyout proposition for...

Full article: http://searchenginewatch.com/article/2128796/Google-Motor...

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