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EU antitrust authority approves Google acquisition of Israeli cybersecurity company W

image sourced from original article at https://www.ynetnews.com/business/article/sjp11kkypbl

European regulators have approved Google's acquisition of the Israeli cybersecurity company W, concluding that the deal does not pose competition concerns. The decision comes after an assessment found that Google remains behind Amazon and Microsoft in cloud infrastructure market share. Officials noted that customers will still have credible alternatives and the flexibility to switch providers if needed. The approval clears a significant regulatory hurdle for Google as it seeks to expand its presence in the cybersecurity sector.

Original article source: https://www.ynetnews.com/business/article/sjp11kkypbl
Source Id: 9082954286

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