Mar

11

EU Clears Google’s $3.1 billion Acquisition of DoubleClick

Posted by : Matthew Wild | On : March 11, 2008

Dismissing complaints from Microsoft and Yahoo, the EU Competition Commission cleared Google’s acquisition of DoubleClick. The Antitrust Division (U.S. Department of Justice) had done so after completing its Hart-Scott-Rodino Act review in December 2007. According to the Associated Press, the EU noted that Microsoft, Yahoo and AOL would discipline any attempt by Google/DoubleClick to raise the prices for web-placed advertisements post-merger.

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