FTC Approves Google's AdMob Acquisition
Today the International Trade Commission approved Google's proposed acquisition of AdMob, a mobile advertising firm. The ITC cited Apple's iAd platform as a competitive factor in reaching its decision.
EU Approves Apple's Proposed Beats Acquisition
The European Union has given the green light to Apple's proposed acquisition of Beats Audio. Apple announced its plan to buy the music-focused company earlier this year in a deal valued at about $3 billion.
Europe Approves Nokia's Purchase of Alcatel-Lucent
The European Commission today gave Nokia permission to move forward with its acquisition of rival Alcatel-Lucent. Following its initial review, the Commission approved the deal without placing any conditions on the terms.
Mexican Regulators Approve AT&T's Iusacell Acquisition
Mexico's equivalent of the FTC today approved AT&T's proposed acquisition of provider Iusacell with unknown specifications, reports Reuters. AT&T first proposed the deal last month.
Microsoft Loses Patent Case to InterDigital
The International Trade Commission today ruled Microsoft improperly used two InterDigital wireless patents without permission. The ruling judge said "it would not be against the public interest to ban the Microsoft [phones] from import into the United States." Patent-related complaints are often taken to the ITC, which has the power to enact such bans.
So it's ok for 2 companies to own 100% of web ads?
The people running this country have no idea what they are doing...