Lessons From China's Approval Of Google-Motorola Deal
June 7, 2012, 1:03 PM EDT
Law360, New York (June 7, 2012, 1:03 PM EDT) -- On May 19, 2012, the People's Republic of China Ministry of Commerce (“MOFCOM”) approved the acquisition by Google Inc. of Motorola Mobility, Inc. under the Chinese Anti-Monopoly Law (“AML”), but imposed conditions to require that Google continue to license the Android operating system and the patents acquired from Motorola in the same manner as Google currently does.
MOFCOM’s decision once again demonstrates China’s increasing influence on merger review of global transactions. Indeed, other regulators around the world, notably in the U.S. and the EU, approved the...