Google hasn't requested an approval for the Motorola deal yet, says China, but it should

Google hasn't requested an approval for the Motorola deal yet, says China, but it should
Under Chinese law, every company, such as Motorola or Google, which does business in the country with more than 400 million yuan revenue from there, has to submit any proposed acquisition for regulatory antitrust approval with the Commerce Ministry.

Google hasn't done so regarding its Motorola deal, said a Ministry spokesman. The folks from Mountain View clarified while on the acquisition conference call, that the deal will be subject to regulatory approvals in the US, Europe and other jurisdictions as well.

The other required threshold is for the company to have at least $1.5 billion global revenue, so both companies definitely fit on that front as well. Thus Google falls under the requirement to ask for the Chinese approval on its buyout of Motorola, which, given how it stood up to Chinese attempts for censorship of its search results recently, might get on its nerves.

source: Reuters

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