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Yahoo Finance Live’s Rachelle Akuffo compares Alibaba's newly announced six-way business split to tech giant Google's own subsidiary spin-offs.
EU antitrust regulators gave unconditional approval for Alphabet unit Google's acquisition of Croatian maths app Photomath, the European Commission said in a statement on Tuesday. The EU Commission said the deal would not reduce competition in the markets for "online homework and study help tools that include maths as a subject offering and general search services," it said in a statement. Reuters exclusively reported last week that Google was poised to win unconditional clearance for the deal.
CNMC said it was investigating whether Google had abused its dominant position in the Spanish market. The proceedings involve Google LLC, Google Ireland Ltd, Google Spain, S.L. and their parent Alphabet Inc.