EU OK’s Google’s Acquistion of Doubleclick

by

European Union regulators OK Google’s $3.1 billion bid for online ad tracker DoubleClick, saying the deal will not hurt competition for online ads.Critics have complained the deal would give Google too much power.

But the European Commission said Tuesday it found no proof that Google and DoubleClick would be able to squeeze out competitors, because Microsoft, Yahoo and AOL provided “credible” alternatives for placing ads on Web sites.


About Michael Berkens

Michael Berkens, Esq. is the founder and Editor-in-Chief of TheDomains.com. Michael is also the co-founder of Worldwide Media Inc. which sold around 70K domain to Godaddy.com in December 2015 and now owns around 8K domain names . Michael was also one of the 5 Judges selected for the the Verisign 30th Anniversary .Com contest.