UK Regulator Clears Google's Purchase of Looker Data Sciences
13 Febrero 2020 - 2:02AM
Noticias Dow Jones
By Ian Walker
The U.K. Competition and Markets Authority Thursday cleared
Google LLC's acquisition of Looker Data Sciences, Inc. following a
review into the deal.
The regulator launched the investigation last December and
issued an initial enforcement order on Google, limiting the extent
to which the companies can integrate their operations. It also said
it believed the deal would lessen competition in any U.K.
market.
The CMA said Thursday that its decision to clear the deal
followed an extensive Phase 1 review, exploring the different ways
in which the completed merger could adversely affect
competition.
Google, a unit of Alphabet Inc, agreed in June to pay $2.6
billion for Looker, a maker of business-intelligence and
data-analytics software, to bolster its cloud business.
Write to Ian Walker at ian.walker@wsj.com
(END) Dow Jones Newswires
February 13, 2020 02:47 ET (07:47 GMT)
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