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China Approves Google Motorola Mobility Merger 78

Posted by timothy
from the no-longer-just-a-simple-search-bar dept.
symbolset writes "CNET is reporting that China has approved Google's acquisition of Motorola Mobility. Previously approved by regulatory authorities in the U.S. and Europe, China was the last holdout. The deal will now reportedly close 'within days.'" I wonder what conditions Google may have faced from the regulators, and whether they include any exceptions to the "don't be evil" guideline.
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China Approves Google Motorola Mobility Merger

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  • by Compaqt (1758360) on Sunday May 20, 2012 @12:40AM (#40055431) Homepage

    It used to be you just had to get FTC approval for a merger.

    Then the EU started to throw its weight around and got in on the act.

    So now, China has to approve global mergers, too?

    Is there a full list of approval authorities?

    Do Brazil, Russia, India, and South Africa (4 of the BRICS) also need to approve? All 200 or so countries of the world?

    Or is it a game of chicken where if a podunk country says "You can't merge without our permission", a company will just say "Bye," but they can't say the same for huge markets?

    • by Anonymous Coward

      Only countries where the company is drawing like $1.5 billion+ in revenue. They sell a lot of stuff in China, behind only the US.

    • by breeze95 (880714)

      It used to be you just had to get FTC approval for a merger.

      Then the EU started to throw its weight around and got in on the act.

      So now, China has to approve global mergers, too?

      Is there a full list of approval authorities?

      Do Brazil, Russia, India, and South Africa (4 of the BRICS) also need to approve? All 200 or so countries of the world?

      Or is it a game of chicken where if a podunk country says "You can't merge without our permission", a company will just say "Bye," but they can't say the same for huge markets?

      Well, we live in a different world now. Companies are no longer U.S. centric and if Google-Motorola wants to sell their products in China then the merger will have to be approved by Chinese authorities. The same goes for Brazil, Russia, India and South Africa. That's the price you pay for globalism.

    • Is there a full list of approval authorities?

      Do Brazil, Russia, India, and South Africa (4 of the BRICS) also need to approve? All 200 or so countries of the world?

      This is partly answered in the article. It says that the deal had to be approved by various regulators, and mentions Israel and Taiwan along with the US, EU and China. I'm sure there were others - China, Israel and Taiwan were mentioned in the article as they seemed to be the laggards in the approval process.

    • This is nothing new.

      Larger companies, like Coca-Cola, Intel, etc. still wrestle themselves into presence in the world.

      • by khallow (566160)

        Larger companies, like Coca-Cola, Intel, etc. still wrestle themselves into presence in the world.

        So do itty bitty ones. Not much of an observation unless you have something to add.

    • by unixisc (2429386)
      Why not have the WTO do the approval for everyone? Until every member from Argentina to Russia approves, Google can't acquire Mot.
    • Do Brazil, Russia, India, and South Africa (4 of the BRICS) also need to approve? All 200 or so countries of the world?

      Of course. Any country in which you do business can tell you what you can and cannot do as a business in their part of the world. And so it should be. Deal with it.

      Google wanted to reap the tax benefits of opening subsidiaries in lots of countries. Those subsidiaries are subject to local laws, and antitrust therefore potentially needs to be approved everywhere. Nothing to see here.

  • by Anonymous Coward

    From the update to the article, it is stated that Google must keep android free and open for at least the next 5 years.

    Not a bad condition if you ask me.

    • Its been said enough already, but it's in Google's best interest to keep it open anyway. They make money on the number of people looking at ads, rather than pure profit of just the hardware.
    • by gl4ss (559668)

      keep? the google-apps/api's aren't free _now_..

    • by poity (465672)

      Hmmm, 5 years is really short. Makes you wonder if the government thinks its state companies will be able to get a competitive OS out in that time.

  • by Anonymous Coward

    Then a complete deadlock of every smartphone. Then finally politicians who own these phones can reform the patent system and see how absurd it is! ... at least I can hope since MS is banning all HTC andriod phones from the US.

  • To whom?

  • China never demanded Google to deviate from "do no evil." It only demanded that it uses China's definition of "evil".

"Everything should be made as simple as possible, but not simpler." -- Albert Einstein

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