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.
Alphabet (NASDAQ:GOOG)
Graphique Historique de l'Action
De Mai 2023 à Mai 2023 Plus de graphiques de la Bourse Alphabet
Alphabet (NASDAQ:GOOG)
Graphique Historique de l'Action
De Mai 2022 à Mai 2023 Plus de graphiques de la Bourse Alphabet