The European Commission's four month
investigation into Google's proposed $3.1bn
(£1.5bn) takeover of advertiser DoubleClick starts today.
The proposed deal raises concerns about competition in the online advertising
market. Rivals such as Microsoft claim
that the merger would give the search giant a dominant position in the sector.
Last month the Australian regulator granted
permission
for the DoubleClick deal. And antitrust experts at law firm
Kirkland & Ellis predict Google will
win its case in the US, leaving Europe as the final hurdle.
The Commission now has 90 working days, until 2 April, to reach a decision
about the future of the deal.
Google chief executive Eric Schmidt said: "We are obviously disappointed by
the European Commission's decision to extend its review of our acquisition of
DoubleClick.
"We will continue to work with the Commission to demonstrate how our proposed
acquisition will benefit publishers, advertisers and consumers."
EXCEPTIONAL .NET (ASP / VB / C#) DEVELOPER – SURREY HEDGE FUND My client is a CASH RICH leading Microsoft Technology focused Hedge Fund currently experiencing unrivalled success – they need to bring on fresh ... more >
Position: Software Developer – Modelling / Simulations Salary: £27-37,000 Location: Luton, Bedford, Milton Keynes Apply to: a.ross@jamrecruitment.co.uk This is an excellent chance to join one of the UK’s leading Defence businesses operating at the forefront ... more >
Position: Software Engineer – C/C++/GUI/UML Salary: £30-40,000 Location: Leicester Apply to: a.ross@jamjobs.co.uk This is a fabulous opportunity to join a globally recognised organisation working as part of a team taking innovative and cutting edge solutions ... more >
Position: Embedded Software / Systems Engineer Salary: £25-40,000 Location: Barrow, Cumbria, Carlisle, Lake District Apply to: a.ross@jamrecruitment.co.uk (inc salary expectations, availability and notice period) This is an exciting opportunity to join one of the UKs ... more >More job opportunities
Print
Discuss
Send to friend
RSS feeds
Open handset project gets SDK and $10m developer challenge 13 Nov 2007
The open source operating system will encourage mobile technology innovation 05 Nov 2007
del.icio.us
Digg this
reddit!
