Google-DoubleClick Deal Examined
July 19, 2007 | by Christopher Nickson
Google is set to go before House and Senate committees over its deal.
Google is likely to find itself up before both House and Senate subcommittees over its acquisition of DoubleClick. The deal is already under scrutiny by federal antitrust legislators. Google bought Doubleclick for $3.1 billion in April, and immediately other companies, including Microsoft, began complaining that the new company would limit online ad competition. They were quickly joined by privacy groups, and then in May the FTC began an investigation. Now the Senate Judiciary Committee is planning a hearing into the deal and the overall online ad market. On top of that, the chairman of the House Energy and Commerce subcommittee on consumer protection, Illinois Congressman Bobby L. Rush, has announced he also plans a hearing into the deal and the competitive and privacy issues it raises. He wrote to the FTC:
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geri on Jul 21st, 2007 at 8:58 PM:
This was does definitely need review... But let's look at who is complaining... Microsoft and AT&T.... Make ya' wonder!