Google Chairman Eric Schmidt said on May 30 that U.S. regulatory approval of his company's proposed acquisition of DoubleClick will not be hindered by concerns about privacy. Google, the world's No. 1 Internet search engine company, announced its plan to buy New York-based DoubleClick Inc. last month in a $3.1 billion acquisition that privacy advocates have urged the Federal Trade Commission to investigate.
May 31, 2007 at 12:00 AM
1 minute read
The original version of this story was published on Law.Com
Google Chairman Eric Schmidt said on May 30 that U.S. regulatory approval of his company’s proposed acquisition of DoubleClick will not be hindered by concerns about privacy.
“We’re quite convinced that the proposed merger meets all of the appropriate U.S. laws and is ultimately very good for consumers and for advertisers and publishers,” Schmidt said at a news conference.
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