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June 4, 2011 02:26 am GMT
Two months ago, Google disclosed that they were bidding on bankrupt Nortel's patent portfolio. Why? They claim it's a defensivemaneuverto protect the "relatively young" company from would-be patent predators. And Google is very serious about it. They put up the $900 million "stalking-horse bid" (the initial bid) for the over 6,000 patents. Given the stakes, it should be no surprise that theU.S. Department of Justice is looking into the bidding. But interestingly, it may not be Google they're too concerned with.As The Wall Street Journal reports today, the DoJ "hasn't found any major competitive issues that would lead it to challenge [Google's] purchase of the patent portfolio." But the same is apparently not true of Apple. The government is concerned about Apple's history of intellectual property protection, WSJ cites sources as saying.
Original Link: http://feedproxy.google.com/~r/Techcrunch/~3/g1XPrXLS_yo/
Forget Google, DoJ Fears Apple Gaining Nortel's "Stockpile Of Nuclear Weapons" "" Here's Why
Two months ago, Google disclosed that they were bidding on bankrupt Nortel's patent portfolio. Why? They claim it's a defensivemaneuverto protect the "relatively young" company from would-be patent predators. And Google is very serious about it. They put up the $900 million "stalking-horse bid" (the initial bid) for the over 6,000 patents. Given the stakes, it should be no surprise that theU.S. Department of Justice is looking into the bidding. But interestingly, it may not be Google they're too concerned with.As The Wall Street Journal reports today, the DoJ "hasn't found any major competitive issues that would lead it to challenge [Google's] purchase of the patent portfolio." But the same is apparently not true of Apple. The government is concerned about Apple's history of intellectual property protection, WSJ cites sources as saying.Original Link: http://feedproxy.google.com/~r/Techcrunch/~3/g1XPrXLS_yo/
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