U.S. antitrust regulators approved Google Inc.'s $3.1 billion purchase of DoubleClick Inc., clearing the way for a formidable combination in the burgeoning online advertising sector. "After carefully reviewing the evidence, we have concluded that Google's proposed acquisition of DoubleClick is unlikely to substantially lessen competition," the Federal Trade Commission said Dec. 20 in a statement.
December 20, 2007 at 12:00 AM
1 minute read
The original version of this story was published on Law.Com
U.S. antitrust regulators approved Google Inc.’s $3.1 billion purchase of DoubleClick Inc., clearing the way for a formidable combination in the burgeoning online advertising sector.
“After carefully reviewing the evidence, we have concluded that Google’s proposed acquisition of DoubleClick is unlikely to substantially lessen competition,” the Federal Trade Commission said Dec. 20 in a statement.
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