Business news with words billion+commission+federal. 42 news.

American Electric Power and Allegheny Energy said yesterday that they have filed a request with the Federal Energy Regulatory Commission to approve a rate formula to recover the cost of building a $1.8 billion, 290-mile-long, extra-high-voltage transmission line from West Virginia to Frederick.

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

After an eight-month investigation, the Federal Trade Commission gave the green light to Google's $3.1 billion acquisition of Web ad firm DoubleClick. The proposed merger still needs the approval of European regulators, who have until April 2 to...

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-...

Despite opposition from some consumer groups and privacy advocates, as well as Google rival Microsoft, the Federal Trade Commission this morning approved Google's $3.1 billion merger with DoubleClick.

The Federal Trade Commission approved Google's proposed $3.1 billion purchase of DoubleClick, clearing the way for what competitors say will be a dominating presence in the online-advertising market.

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.

WASHINGTON - The Federal Communications Commission on Wednesday approved a $16.4 billion deal in which satellite company Intelsat Holdings Ltd.

Federal Trade Commission Chairman Deborah Platt Majoras declined a request by privacy groups to sit out on the review of Google Inc.'s $3.1 billion purchase of DoubleClick Inc. While Majoras' husband is a partner at a law firm representing...

This week, two privacy groups asked Federal Trade Commission chair Deborah Platt Majoras to recuse herself from participating in the review of the $3.1 billion Google-DoubleClick merger because her husband is a partner at DoubleClick's law firm, Jones Day.

The Federal Communications Commission approved the $8.2 billion buyout of the Tribune Co. by a 3-2 vote Friday, a move that will allow the deal to close by the end of the year. In approving the deal, the agency granted Tribune Co. a temporary waiver on...

WASHINGTON (AP) - The Federal Communications Commission has approved the $1.3 billion sale of 35 television stations owned by Clear Channel Communication to Newport Television, a private equity group, subject to certain conditions.

The Federal Communications Commission has approved the $1.3 billion sale of 35 television stations, including two in Wichita, owned by Clear Channel Communication Inc. to Newport Television LLC. Newport is controlled by Providence Equity Partners and Wichita television executive Sandy DiPasquale. The sale includes KSAS and KMTW in Wichita. Newport is working out of the former BlueStone Television headquarters in Wichita but plans to relocate to Kansas City, Mo. DiPasquale sold BlueStone last year. DiPasquale is recuperating from surgery. His son, Michael, did not return calls Friday. In a statement, Clear Channel officials said they were pleased with the FCC's ruling.

The Federal Communications Commission approved the $8.2 billion buyout of the Tribune Co. by a 3-2 vote Friday, a move that will allow the...

Cross-ownership exemptions granted Tribune Co. gets to keep the Chicago Tribune, WGN-Ch. 9 and WGN-AM 720 permanently as part of a Federal Communications Commission action Friday that removes a major regulatory hurdle to billionaire Sam Zell's $8.2 billion effort to take the media concern private.