China’s Ministry of Commerce Conditionally Clears the Google/Motorola Mobility Deal* On 19 May 2012, China’s Ministry of Commerce (‘MOFCOM’) announced its conditional clearance decision on the acquisition of Motorola Mobility by Google, which removed the last hurdle for the USD12.5 billion vertical deal. The MOFCOM is the only antitrust authority to impose remedies on its clearance of the transaction. The US Department of Justice, the European Commission, the Korea’s Fair Trade Commission, and other relevant antitrust authorities have unconditionally approved the transaction. Review Process The MOFCOM received the parties’ notification of the transaction on 30 September 2011 but found that the filing documents were incomplete. The MOFCOM formally accepted the notification on 21 November
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The Chinese MOFCOM conditionally clears an acquisition in the smartphone and smartphone operating system sectors (Google / Motorola Mobility)
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