The European Commission has stated that it has delayed Google’s proposed $12.5 Billion takeover of mobile phone company Motorola Mobility, and asked for more feedback from rivals and users who would be affected by the deal. The EU has the ability to block the tie-up or demand that it be amended. The takeover will enable Google to access more than 17,000 Motorola’s patent. Google Chief Executive Larry Page has said the move will ”enable us to better protect Android from anti-competitive threats from Microsoft, Apple and other companies”.
”The deadline is suspended because the commission needs from Google certain documents that are essential to its evaluation of the transaction.“Once the commission has all the necessary information, it will restart the clock and publish a new phase one deadline on the website.” Amelia Torres, spokeswoman for the European Commission revealed.
“We’re confident the commission will conclude that this acquisition is good for competition and we’ll be working closely and cooperatively with them as they continue their review,” Al Verney, a spokesman for Google, said.
