SEO News
Search

GoogleClick Clears One Hurdle, Another Looms

newcomb-kevin
by , Comments

Google's planned $3.1 billion acquisition of DoubleClick cleared another regulatory hurdle this week when the Australian Competition and Consumer Commission (ACCC) announced on Monday that it would not intervene in Google's plans, according to ClickZ News.

The deal is still working its way through Congressional and FTC approval in the U.S., though experts expect approval of the deal to come soon. Google is still facing anti-competitive troubles in Europe.

The Brussels-based European Commission is currently weighing anti-competitive concerns that may arise from the transaction. A verdict is due November 13. The FTC can approve the deal irrespective of the EU verdict, but Google and DoubleClick cannot complete the deal unless both EU and FTC approve it.


The Original Search Marketing Event is Back!
SES AtlantaSES Denver (Oct 16) offers an intense day of learning all the critical aspects of search engine optimization (SEO) and paid search advertising (PPC). The mission of SES remains the same as it did from the start - to help you master being found on search engines. Early Bird rates available through Sept 12. Register today!

Recommend this story

comments powered by Disqus