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FTC approves Google's Doubleclick deal

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Thu Dec 20 2007, 18:31

GOOGLE'S ACQUISITION of DoubleClick Inc. got the nod from U.S. antitrust regulators

The Federal Trade Commission, approved the acquisition by four votes to one. In a statement, the body said, "Because the evidence did not support the theories of potential competitive harm, there was no basis on which to seek to impose conditions on this merger".

Monopoly watchers in the EU are still mulling the deal but Googler-in-chief, Eric Schmidt, reckons the US decision will help sway the Eurocrats. "The FTC's strong support sends a clear message: this acquisition poses no risk to competition and will benefit consumers," he said.

Microsoft - for once - will be egging on the EU, we feel. µ

See Also
EU gives Google and Doubleclick a rough ride

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Comments
What?

"and will benefit consumers"
How do pesky tracking cookies and ads and complete profiling benefit consumer? they must be smoking crack.

posted by : W.-, 22 December 2007 Complain about this comment
fine by me

Means my doubleclick block will be even more effective!

posted by : Curtis W. Rendon, 20 December 2007 Complain about this comment
aboutus
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