F.T.C. Approves DoubleClick Deal
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The merger could still be held up in Europe, where personal privacy has more legal protections than in the United States.
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The Federal Trade Commission has opened a preliminary antitrust investigation into Google's planned $3.1 billion purchase of the online advertising company DoubleClick , an industry executive briefed on the agency's plans said yesterday.
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DoubleClick (DCLK:Nasdaq - news - research) vaulted higher Monday after announcing it had hired a financial adviser to explore options that include a possible sale of the company.
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Federal Trade Commission has concerns over privacy issues and competition in Google's proposed $3.1 billion purchase of DoubleClick.
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Google's proposed $3.1 billion acquisition of DoubleClick is the target of a formal FTC investigation, focusing on privacy issues and on the possibility that the merger raises antitrust issues.
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Flarion Technologies&#39; FLASH-OFDM technology has received a vote of confidence from Siemens, thanks to a new licensing deal forged between the two companies that calls for Siemens to begin offering
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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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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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The U.S. Federal Trade Commission voted 4-1 to approve the Google acquisition of online ad vendor DoubleClick.
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As FTC probe continues... The FTC inquiry was a just a start. In the coming weeks, Google will also face a pair of congressional investigations into its proposed $3.1bn merger with online ad company DoubleClick - one in the House and one in the Senate.â¦
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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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US regulators approve Google's $3.1bn  takeover of online advertising firm Doubleclick.
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The move comes as DoubleClick faces increasing competition from search engine advertisement on such sites as Google and Yahoo. Analysts speculated that any sale would likely be worth between
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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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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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MOUNTAIN VIEW, California  - Google Inc   Chief Executive Eric Schmidt said on Wednesday his company is  working closely with regulators and that he was optimistic its  proposed $3.1 billion acquisition of DoubleClick will be  approved.
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US regulators Thursday cleared a plan by Google to acquire online advertising giant DoubleClick, which had sparked concerns about privacy risks and still faces a challenge in the European Union.