Google - DoubleClick Deal Draws Criticism
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Europeâs major consumer group said Wednesday that it feared Google Inc.âs takeover of DoubleClick Inc. would damage European Union privacy rights and limit consumersâ choice of Web content.
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In a post on its Web site, Google said the deal could pose threats to âinnovation and opennessâ on the Internet.
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The Federal Trade Commission on Thursday approved Google's $3.1 billion purchase of DoubleClick, saying the much-criticized deal did not pose a threat to competition in Internet advertising.
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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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Microsoft and other groups told federal lawmakers at a congressional hearing that a Google-DoubleClick merger would hurt the Internet.
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InfoWorld - The U.S. government still needs to block or impose conditions on Google&#39;s acquisition of online advertising server DoubleClick, despite Google&#39;s call for global privacy standards, three privacy groups said Monday.
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Google executives are expected to testify about their planned $3.1 billion acquisition of DoubleClick, a deal facing scrutiny from federal antitrust regulators.
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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.
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The changes are in response to a complaint by Google that a feature of the operating system is anticompetitive.
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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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Privacy groups are raising new concerns about an apparent conflict of interest in the FTC's investigation of Google's acquisition of DoubleClick.
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The F.T.C. has opened an antitrust investigation into Googleâs planned $3.1 billion purchase of DoubleClick.
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Now that the pairing of online advertising industry giants DoubleClick and Google is receiving extra regulatory attention, both in the US and abroad, the question arises once again: Does a merger of two giants lead to the creation of a single behemoth that can carve out a lion's share of the Web audience for itself? One of DoubleClick's long-time competitors - Burst Media CEO Jarvis Coffin - believes it won't.
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In what is being described as an unusual move, members of the European Parliament are urging trade regulators to expand their review of Google's proposed $3.1 billion purchase of DoubleClick.
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US regulators Thursday cleared a plan by Google to buy online advertising giant DoubleClick, a tie-up that has sparked concerns about privacy risks and still faces a challenge in the European Union.
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GoogleÂ on Tuesday confirmed that the U.S. Federal Trade Commission is investigating itsÂ proposed $3.1 billion purchaseÂ of online advertising seller DoubleClick.ADVERTISEMENTIBM Information On Demand 2006Industrial Industry Leaders, please join us at IBM's premier information management global event, IBM Information On Demand 2006, October 15-20, Anaheim, CA. More IBM business and technical solutions content in one place than ever before! Select from  over 800 sessions. Register today!
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The Federal Trade Commission said on  Thursday it approved Google's  proposed $3.1 billion  purchase of advertising rival DoubleClick.