The Justice Department is looking into the bidding for patents being sold by Nortel Networks over fears they could be used to quash competition, according to The Wall Street Journal.
The bankrupt Canadian telecom-equipment maker is unloading 6,000 patents for technology that includes wireless video, Wi-Fi, and LTE mobile data technology. According to the Journal, regulators worry that the patents could be a bludgeon for acquirers to wield against rivals as they move into emerging markets.
The Justice Department seems particularly concerned about Apple and Google. The Journal reports that the agency's antitrust division is reviewing Google's $… Read more