NYT: FTC Opens Investigation of Google-DoubleClick Deal
May 29, 2007
The New York Times' Steve Lohr reports that the Federal Trade Commission (FTC) has opened a "preliminary antitrust investigation" into Google's recent $3.1 billion acquisition of DoubleClick. As we blogged about last month, the FTC received a complaint from three consumer advocacy groups that are concerned that the purchase will provide Google with too much information on consumers' Internet surfing habits. However, as the Times article points out, the FTC's primary concern should the antitrust investigation continue would be the impact the acquistion has on competition. Read more here (free sub required).
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