Mergers & Antitrust Law News

Google’s $2.6 Billion Looker Deal Cleared by U.K. Regulator (1)

Feb. 13, 2020, 7:46 AM

The U.K.’s antitrust authority cleared Google’s $2.6 billion takeover of Looker Data Sciences Inc., joining U.S. regulators in declining to open an in-depth review.

The purchase was not likely to weaken competition as Google would not be inclined to stymie its rivals, the Competition and Markets Authority said Thursday.

Google announced in June that it planned to buy California-based Looker to boost its cloud offering, which lags behind Amazon.com Inc. and Microsoft Corp. The company, which had initially intended to complete the purchase last year, is pushing to expand its tools to better help customers manage data.

The regulator...

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