Google announced their intention to acquire ad service company DoubleClick back in April last year. Today, Reuters reports:
<<Google won unconditional approval from the European Commission on Tuesday to buy rival Web advertiser DoubleClick for $3.1 billion, despite objections from rivals and privacy advocates.
Google has already won approval from United States antitrust authorities.>>
Reuters quotes the European Commission saying that “despite the concerns of competitors, the transaction would not close off access to rivals because of such alternatives as Microsoft, Yahoo and AOL.”
[Thanks Dpneal!]
[By Philipp Lenssen | Origin: EU Approves Google's DoubleClick Buy | Comments]
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