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GOOG Alphabet Inc

187.86
-0.33 (-0.18%)
Last Updated: 15:19:37
Delayed by 15 minutes
Share Name Share Symbol Market Type
Alphabet Inc NASDAQ:GOOG NASDAQ Common Stock
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  -0.33 -0.18% 187.86 187.88 187.89 190.34 187.44 188.96 2,144,001 15:19:37

European Commission Approves Google's Proposal to Acquire Online-Study App Photomath

28/03/2023 7:04pm

Dow Jones News


Alphabet (NASDAQ:GOOG)
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By Denny Jacob

 

The European Commission on Tuesday said it approved a proposed acquisition of Photomath Inc. by Alphabet Inc.-owned Google, concluding the deal wouldn't raise anti-competitive practices.

The European Commission said its investigation found that Photomath's sale to Google wouldn't significantly reduce competition in the markets for educational technologies that include math as a subject offering as well as general search services.

Photomath, which is based in San Mateo, Calif., runs an online homework and study-help app that uses a smartphone's camera to scan and solve math problems.

 

Write to Denny Jacob at denny.jacob@wsj.com

 

(END) Dow Jones Newswires

March 28, 2023 13:49 ET (17:49 GMT)

Copyright (c) 2023 Dow Jones & Company, Inc.

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