WebProNews on Facebook
EU Lengthening Probe Into Google, DoubleClick
By WebProNews Staff - Wed, 11/14/2007 - 18:27
European Competition Commissioner Neelie Kroes isn't quite ready to rubber-stamp Google's acquisition of DoubleClick.
![]() |
| EU Lengthening Probe Into Google, DoubleClick |
It didn't work out that way.
Kroes slapped the dominant search engine with the news that the review will take a while longer, as Bloomberg noted:
The European Commission, the EU's antitrust authority in Brussels, said in a statement today that it will review the $3.1 billion acquisition for 90 working days and make a ruling by April 2.Google's oft-repeated position on the deal holds that they sell contextual ads, DoubleClick runs display ads, and the two businesses do not overlap. In the US, Microsoft and AT&T have been part of the chorus with Yahoo claiming consummation of the deal should be prevented on anti-competitive grounds.The commission's decision "provides the thorough examination of the proposed merger that Yahoo believes is needed," Toby Coppel, Yahoo Europe's managing director, said in a statement. "Competitive online advertising markets in Europe are of great importance to publishers and advertisers."
Popular opinion in the US held the belief that Google would receive a quick approval from the Federal Trade Commission over these same considerations. The EU delay may prompt the FTC to reconsider such approval if it is in the works today.
Featured Headline
Search Bing From Hotmail Inbox to Insert ContentBing Added to Quick Add Feature
-

Real-Time Search Engines Rush to Fill New Need
Twitter has produced a hot new trend: real-time search. -

Google's OS to Challenge Microsoft?
Googlers Sundar Pichai and Linus Upson announced on Wednesday that... -

Is Twitter Scaring Google?
There have been multiple reports that Twitter could replace Google. -

User Authentication Services: Good or Bad?
Products such as OpenID, Facebook Connect, and Google Friend Connect...
Latest News on: WebProWire.com
Sun Valley Slide Show II New York Times: DealBookWWDC Demo: two tip calculators The Unofficial Apple...
Fidelity doubles stake in... Seattle Times
How To: Excel At Excel For SEM... Search Engine Land
Forecaster of the Month:... MarketWatch
iEntry 10th Anniversary
RSS
Newsletter
Advertising





















Comments
Post new comment