DOJ Clears Google's Bid for Nortel Patents

U.S. antitrust enforcers have given Google clearance to pursue its $900 million opening bid for some 6,000 patents being sold next week by defunct Canadian telecommunications-equipment maker Nortel Networks Corp., the Wall Street Journal reports.

After an antitrust review, the Justice Department concluded that Google's potential ownership of the patents wouldn't raise any major competitive concerns, these people said.

The clearance could give Google a leg-up against rivals in its bid for the patents, part of its effort to acquire an arsenal of patents that could help it ward off lawsuits by competitors.