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China Approves Google Motorola Mobility Merger
symbolset writes "CNET is reporting that China has approved Google's acquisition of Motorola Mobility. Previously approved by regulatory authorities in the U.S. and Europe, China was the last holdout. The deal will now reportedly close 'within days.'" I wonder what conditions Google may have faced from the regulators, and whether they include any exceptions to the "don't be evil" guideline.
I wonder what conditions Google may have faced from the regulators, and whether they include any exceptions to the "don't be evil" guideline.
Google really never cared about those anyway. They only left China's search engine market because they were seriously losing to Baidu. They just decided to go out with some big bang and blame the chinese for their own failure.
Certainly not any more (or less) evil than the U.S. as of late.
Seriously, just because they don't see some things eye to eye with your U.S.-centric P.O.V. doesn't make them automatically evil.
If you give a shit what some commie country thinks, well, you give a lot more shit than I !!
It used to be you just had to get FTC approval for a merger.
Then the EU started to throw its weight around and got in on the act.
So now, China has to approve global mergers, too?
Is there a full list of approval authorities?
Do Brazil, Russia, India, and South Africa (4 of the BRICS) also need to approve? All 200 or so countries of the world?
Or is it a game of chicken where if a podunk country says "You can't merge without our permission", a company will just say "Bye," but they can't say the same for huge markets?
I'm not a lawyer, but I play one on the Internet. Blog
From the update to the article, it is stated that Google must keep android free and open for at least the next 5 years.
Not a bad condition if you ask me.
Then a complete deadlock of every smartphone. Then finally politicians who own these phones can reform the patent system and see how absurd it is! ... at least I can hope since MS is banning all HTC andriod phones from the US.
This is nothing new.
Larger companies, like Coca-Cola, Intel, etc. still wrestle themselves into presence in the world.
Let me introduce you to the top assholes at Google:
And Moronola, well. Google just acquired it to get ahold of the patents. Their products have been a buggy piece of shit for years and no one with a clue would buy any of them.
China is trying to join the present age gracefully without a painful civil war or excessive domestic violence. That's a difficult course, and I wish them all the luck in the world in that goal. I'm not a big fan of how they're managing the transition shock - they're certainly not doing it how I would do it. But I'm not looking at it from the party's point of view and they know their people better than I do. They have no successful historical guide for how this is done peacefully, because it's never been done peacefully in the history of Man. In this transition always before there has always been a great deal of blood spilled.
I'm sure to get some haters over this one. I don't hate the China government, and especially not their people - and I think most people in the world feel this way. They have a different view and diverse views are valuable. I think China's government is also regretful of the measures they feel they must impose to moderate the migration to the modern world - but that a reckless unrestrained adoption of openness might drive their people to anarchy. So they must loosen the ties that bind gradually so that their people can explore freedom without being harmed too much by it.
That doesn't excuse any of the most egregious violations of human rights we've heard of lately by any means. China is a different country, and at over a billion souls more diverse in operations than any we know. Of course there are going to be odd corners where bad things happen outside the general scheme, as there are at Guantanamo. The greater goal doesn't make these things right to do, and diminishes the effort overall - but there are always outlier individuals who implement beyond their remit thinking their actions serve the greater goal when they don't.
I believe that the average Chinese citizen wants what I want: to provide for himself and his family. And I believe that the Chinese government wants what my government wants: to preserve their citizens' standard of living, to protect their borders, to move progress forward. We are all the same in this regard.
Whether our governments reconcile or not, I hope our citizens can embrace each other in brotherhood, recognizing that we all suffer from the human condition - including being led by fools.
Help stamp out iliturcy.
You have to know how China or any other communist country really works. Bribery is the number one means that can get you through almost everywhere. No questions asked. Even in post-communist countries there are some deeply nested schemes to make things work. I do NOT want to imagine the sums of money needed in China to approve this kind of a big business deal.
"I wonder what conditions Google may have faced from the regulators, and whether they include any exceptions to the "don't be evil" guideline."
Go occupy something and post it your facewall, shitcock.
Ten years from now:
"China Approves the U.S. President sneezing."
Stop buying chinese crap and empowering chinese fascists. Balanced economy and fair trade with equal partners are the order of tomorrow.
.
To whom?
---- Booth was a patriot ----
Tosh. The pie is a finite size. To make an extra slice you have to cut down somebody else's.
Confucius say, "Find worm in apple - bad. Find half a worm - worse."
China never demanded Google to deviate from "do no evil." It only demanded that it uses China's definition of "evil".
The Tao of math: The numbers you can count are not the real numbers.
The best we can do for the previously open projects acquired with Sun by Oracle is to fork them. Oracle is run by Larry Ellison. Larry Ellison is not in the "giving stuff away" business.
Help stamp out iliturcy.