Latest News Wires EU approves Google's $12.5B Motorola Mobility acquisition

EU Competition Commissioner Joaquin Almunia said in a statement Monday that regulators didn't believe the transaction itself raised any competitive problems.

Mark Lennihan/AP/File

Google's $12.5 billion acquisition of cellphone maker Motorola Mobility has won approval of European antitrust regulators, moving Google one step closer to completing the biggest deal in its 13-year history.