Home Latest News Google Joint Venture Plan Gets CCI Nod

Google Joint Venture Plan Gets CCI Nod


Competition Commission has cleared Johnson & Johnson’s proposed joint venture with Google in the area of surgical robotics.The collaboration between healthcare major Johnson & Johnson (J&J) and Internet giant Google for developing new technologies was announced in March this year.For the joint venture, medical devices company Ethicon — part of J&J group — has entered into a definitive agreement with Google.

In a tweet, Competition Commission of India (CCI) said it has approved “formation of a joint venture (Warren Robotics Inc) between Johnson & Johnson, Ethicon and Google”. CCI keeps a tab on unfair business practices in the market place across sectors.

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