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Anti-Monopoly Bureau is reviewing Google-Motorola Mobility deal

By  |  February 16, 2012

The Anti-Monopoly Bureau of the Chinese Commerce Ministry is reviewing Google’s acquisition of Motorola Mobility. Chinese law requires government approval for acquisitions involving companies with businesses in China that earn annual revenues of 10 billion yuan ($1.6 billion) globally and 400 million yuan ($63.5 million) in China.

Google had filed with China in September 2011. By March 20, the government will either approve the acquisition or start a third phase of review.

Source: Chicago Tribune

 

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