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.”
Bruce Edward Walker
Managing Editor, InfoTech & Telecom News
The Heartland Institute
[email protected]
989/430-5557
The Heartland Institute is a 27-year-old national nonprofit organization with offices in Chicago, Illinois; Washington, DC; Austin, Texas; Tallahassee, Florida; and Columbus, Ohio. Its mission is to discover, develop, and promote free-market solutions to social and economic problems. For more information, visit our Web site or call 312/377-4000.
Bruce Edward Walker was managing editor of InfoTech & Telecom News from 2010 to 2012.
