Google on Monday agreed to buy Motorola Mobility for $12.5 billion, a move that is sure to draw antitrust scrutiny by the federal government.
The following statement by Bruce Edward Walker, research fellow at The Heartland Institute and managing editor of InfoTech & Telecom News, may be used for attribution. For more information or additional comments, please refer to the contact information below.
“This may very well be a red-letter day for competition in the smartphone and tablet markets as Motorola Mobility will be better positioned in its duels against Apple, Nokia, Samsung, and other industry competitors. Google’s Android platform also may realize a technological boost by creating hardware development strategies from the ground-up. It’s a win-win for Motorola Mobility and Google, and a win-win for free markets and customers.”
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