Business news with words advertising+billion+commission. 10 news.

WITH US antitrust clearance for its DoubleClick purchase, Google's focus now turns to European regulators, who are expected to be more critical of the top search engine linking up with a market leader in online advertising. The proposed US$3.1-billion transaction, which is strongly opposed by privacy advocates, cannot be completed without approval from the European Commission, whose review deadline is April 2. The Federal Trade Commission said that the deal would not significantly lessen competition in the online advertising market, rebuffing complaints from Microsoft Corp and AT&T Inc that it would give Google a dominant position. "The FTC's strong support sends a clear message - this acquisition poses no risk to competition and will benefit consumers," Eric Schmidt, Google Inc's chief executive, said. "We hope that the European Commission will soon reach the same conclusion." The European Commission declined to comment on the FTC's decision, spokesman

The Federal Trade Commission Thursday approved Google's pending $3.1 billion merger with DoubleClick, ruling that the deal isn't likely to harm competition in online advertising or otherwise have an adverse impact on consumers.

WASHINGTON–The U.S. Federal Trade Commission has approved Google's $3.1 billion purchase of DoubleClick, saying the much-criticized deal did not threaten competition in Internet advertising.

Federal antitrust regulators approved Google Inc.'s $3.1 billion acquisition of DoubleClick Inc. Thursday, removing a key barrier to the marriage of two online advertising giants. In a 4-1 vote, the Federal Trade Commission closed its high-profile, eight-...

WASHINGTON (Reuters) - The Federal Trade Commission said on Thursday it approved Google's proposed $3.1 billion purchase of advertising rival DoubleClick.

SAN FRANCISCO (MarketWatch) -- The Federal Trade Commission said Thursday morning that it has closed its investigation into Google's proposed buyout of DoubleClick. In a statement, the agency said it will not seek to block the $3.1 billion acquisition after concluding - in a 4-1 vote - that the deal "is unlikely to substantially lessen competition." Noting that the deal has raised concerns about consumer privacy, the FTC "observed that such issues are not unique to Google and DoubleClick, and extend to the entire online advertising marketplace," the statement read.

Antitrust regulators approved Google’s $3.1 billion purchase of DoubleClick, clearing the way for a formidable combination in the burgeoning online advertising sector. Microsoft and AT&T have lobbied heavily against the deal, but the Federal Trade Commission gave it the go-ahead Thursday. The transaction still faces substantial antitrust scrutiny in Europe, and Google has said that it won’t [...]

Reuters - The Federal Trade Commission said on Thursday it approved Google's proposed $3.1 billion purchase of advertising rival DoubleClick.

The European Commission said the $3.1 billion merger raised competition concerns and required a more thorough review of its impact on the Internet advertising business.

GOOGLE Inc, owner of the world's most-used Internet search engine, received approval from the Australian government for its US$3.1-billion acquisition of DoubleClick Inc. The purchase by California-based Google is "unlikely to result in a substantial lessening of competition" in the country's Web advertising market, the Australian Competition and Consumer Commission said on its Website yesterday. Regulators in the United States, European Union and Canada are also reviewing Google's agreement to buy New York-based DoubleClick, Bloomberg News said. Microsoft Corp and AT&T Inc have expressed concerns that the combination would hurt competition in the global online advertising market. Google in April announced the proposed acquisition of DoubleClick, which sells software that helps Web publishers and firms manage online advertising.