Google Clears DOJ Antitrust Hurdle for $32 Billion Wiz Deal

Core Insights - Alphabet Inc.'s Google and Wiz Inc. have received a significant advancement in their $32 billion acquisition deal as the US government has concluded its investigation, allowing the companies to move forward with the merger [1][2]. Group 1: Acquisition Details - The acquisition was initially announced in March, and the Justice Department opened an in-depth probe in June, which has now been concluded [1][2]. - The early termination of the review indicates that US antitrust agencies no longer see the investigation as a barrier to closing the merger [2]. Group 2: Regulatory Context - Despite the DOJ's conclusion, the deal remains under scrutiny from other antitrust regulators, highlighting ongoing regulatory challenges for the companies [2]. - The timing of the early termination is notable, as the FTC had previously stated it would not grant such terminations during the US government shutdown [3]. Group 3: Broader Implications - The DOJ's decision to end its review provides a temporary relief for Google, which is currently facing antitrust scrutiny globally, including rulings against its monopolistic practices in online search and display advertising technology [4]. - A federal judge in Virginia is expected to make a decision regarding the potential forced sale of parts of Google's ad tech business, indicating ongoing legal challenges [4].