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India: Johnson & Johnson, Google joint venture plan gets CCI nod

By  |  July 28, 2015

Competition Commission has cleared Johnson & Johnson’s proposed joint venture with Google in the area of surgical robotics.

The collaboration between healthcare major Johnson & Johnson (J&J) and Internet giant Google for developing new technologies was announced in March this year.

For the joint venture, medical devices company Ethicon — part of J&J group — has entered into a definitive agreement with Google.

In a tweet, Competition Commission of India said it has approved “formation of a joint venture between Johnson & Johnson, Ethicon and Google”.

Full content: The Financial Express

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