EU Clears Google’s $32 Billion Acquisition of Wiz, No Competition Concerns Found
The European Commission has granted unconditional antitrust approval for Alphabet’s $32 billion takeover of cybersecurity firm Wiz, ruling the transaction raises no competition issues. Announced in March last year, the acquisition is expected to enlarge Google’s footprint in cybersecurity and cloud services where it faces Amazon and Microsoft. Regu…