Google-DoubleClick Deal May Come Under Early EU Scrutiny
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A story run over the UK wires of Reuters this morning quotes a European Commission spokesperson as confirming that everyday customers of Google have been sent EC questionnaires asking their opinion about the forthcoming merger between Google and display advertising provider DoubleClick.
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The Federal Trade Commission is likely to approve the proposed $3.1 billion merger of Google and DoubleClick today or tomorrow, according to two sources familiar with the agency's review of the deal.
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WASHINGTON -- The chairman of a Senate antitrust panel said Thursday that Google Inc.'s proposed $3.1 billion acquisition of online advertising firm DoubleClick Inc. "warrants close examination" by federal regulators.
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Europe's major consumer group BEUC said Wednesday that it feared Internet search engine Google Inc.'s takeover of online ad tracker DoubleClick Inc. would damage European Union privacy rights and limit consumers' choice of Web content.
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Google is being investigated by the European Union over possible violation of the bloc's privacy rules. At issue is the search engine's practice of retaining user information for up to two years.
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BRUSSELS - European Union regulators will decide before November whether to clear Google Inc.'s $3.1 billion takeover bid for online ad tracker DoubleClick or study the issue further.
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In a post on its Web site, Google said that the proposed deal could pose threats to âinnovation and opennessâ on the Internet.
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Over five months after the two companies announced their intention to merge, search engine leader Google and display advertising leader DoubleClick petitioned the European Commission on Friday for clearance of their merger terms. This morning, according to the Associated Press, the EC responded by warning that a full investigation of their petition could consume as much as four months.
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By KELLY OLSEN  SEOUL, South Korea - Google Chairman Eric Schmidt said Wednesday that U.S. regulatory approval of his company's proposed acquisition of DoubleClick will not be hindered by concerns over privacy.
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Google took a step closer to its acquisition of online advertising server DoubleClick on Thursday, when the U.S. Federal Trade Commission (FTC) approved the sale. One major hurdle still remaining is approval by the European Commission.
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(InfoWorld) - The U.S. Federal Trade Commission (FTC) is investigatingÂ Google's proposed $3.1 billion purchase of DoubleClick, according to news reports Tuesday. The investigation began at the end of last week as a result of concerns over privacy issues and the potential for anti-competitive practices, the New York Times reported, quoting anonymous sources. The two companies announced the all-cash agreement last month, with both Google and Microsoft pursuing the online advertising company, as the competition between the two for a greater share of the online ad market increases. Privacy groups, including the Electronic Privacy Information Center (EPIC) and the Center for Digital Democracy (CDD),Â filed a complaint with the FTCÂ on April 20, asking that the government agency block the merger unless Google will ensure users' privacy, including deleting information that could identify an individual user once that user ends his or her session with a Google site. Antitrust issues are likely to be of greater concern than privacy ones, with regulators more concerned about the merger's effect on other online ad players and their ability to compete against the new combined entity, the report said. Â
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InfoWorld - Google&#160;on Tuesday confirmed that the U.S. Federal Trade Commission is investigating its&#160;proposed $3.1 billion purchase&#160;of online advertising seller DoubleClick.
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Internet search leader Google Inc.   is open to new acquisitions and remains hopeful it can  close the $3.1 billion purchase of Web ad supplier DoubleClick  by end-2007 despite a U.S. federal probe, its CEO said on  Wednesday.
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Google's market dominance may convince U.S. and European regulators to let Microsoft through.
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Google's $3.1 billion takeover bid for one of the internet's biggest advertising firms will be reviewed by European Union regulators for possible antitrust violations.
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But not without dissent The FTC has voted to approve Google's of web advertising powerhouse DoubleClick, after an eight month investigation - but not without a dissenting voice.â¦
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Google filed with the European Union  competition regulator on Friday for permission to buy rival  DoubleClick for $3.1 billion, the European Commission said.