Alphabet’s Google received EU antitrust approval for its $32 billion acquisition of cybersecurity company Wiz, its largest deal yet. The deal, announced last March, will enhance Google’s presence in cybersecurity and cloud computing, where it competes with Amazon and Microsoft. The EU antitrust chief stated that customers will still have credible alternatives post-acquisition.

The European Commission confirmed that data obtained by Google through the deal is not commercially sensitive and can be accessed by other security software companies. Tech deals have faced increased regulatory scrutiny due to concerns about market power and competition. This approval marks a significant milestone for Google in expanding its cybersecurity offerings.

Read more at Yahoo Finance: Google secures EU antitrust approval for $32 billion Wiz acquisition