Are we creating more “too big to fail”, or new Pseudo-Government Agencies?:
The Justice Department’s antitrust division unconditionally approved Google’s $12.5 billion purchase of Motorola Mobility on Monday.
The move came just hours after the European Union’s antitrust regulator also approved the deal.
The acquisition will give Google a foothold in the mobile phone industry and could boost its Android mobile operating system.
Google also gains access to Motorola’s trove of patents, which it can use to fend off lawsuits from Apple and other competitors.