FTC scrutinizes Google's acquirement of DoubleClick

Posted on Tuesday, May 29 2007 @ 17:27 CEST by Thomas De Maesschalck
The U.S. Federal Trade Commission (FTC) announced they've openened a preliminary antitrust investigation into Google's planned acquired of online advertising firm DoubleBlack.
The inquiry began at the end of last week, after it was decided that the Federal Trade Commission instead of the Justice Department would conduct the review, said the executive, who asked not to be identified because he had not been authorized to speak. The two agencies split the duties of antitrust enforcement.

An FTC spokesman said Monday that the agency did not comment on pending inquiries.

The deal, involving powerful forces in their respective niches of the online advertising business, prompted privacy advocates and competitors to raise concerns after it was announced last month. Those concerns and the deal's size made a preliminary investigation all but certain, according to antitrust experts.

Within a few weeks, perhaps within days, the FTC will decide whether to escalate its investigation into the Google deal, antitrust experts say. That step, known as a "second request" for information, would suggest that the proposed acquisition raises more serious antitrust issues.
More details at CNET.


About the Author

Thomas De Maesschalck

Thomas has been messing with computer since early childhood and firmly believes the Internet is the best thing since sliced bread. Enjoys playing with new tech, is fascinated by science, and passionate about financial markets. When not behind a computer, he can be found with running shoes on or lifting heavy weights in the weight room.



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