Google Inc.'s proposed $3.1 billion acquisition of online advertising firm DoubleClick Inc. raises significant antitrust and privacy concerns, a Microsoft Corp. executive told senators. Brad Smith, Microsoft's general counsel, said in prepared testimony to a Senate panel that the transaction would enable Google to "become the overwhelmingly dominant pipeline for all forms of online advertising."
September 27, 2007 at 12:00 AM
1 minute read
The original version of this story was published on Law.Com
Google Inc.’s proposed $3.1 billion acquisition of online advertising firm DoubleClick Inc. raises significant antitrust and privacy concerns, a Microsoft Corp. executive told senators.
Microsoft has opposed the Google-DoubleClick deal since it was announced in April. The software giant sought to acquire DoubleClick, a New York-based online advertising company, but lost out to Google.
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