|
Search News Desk EC Studying Google's 'Concessions' on DoubleClick Acquisition
It was supposed to say something by Friday October 26; now it's given itself until November 13
By: Search News Desk
Oct. 31, 2007 04:30 AM
The European Commission said Monday that it's going to take another two weeks and change to weigh the widely criticized Google-DoubleClick deal and either rubberstamp it or plow into a deeper, months-long investigation. It was supposed to say something by Friday October 26; now it's given itself until November 13 to study the concessions Google is prepared to make to address competition issues and see if they'll pacify rivals like Microsoft and Yahoo who claim the $3.1 billion acquisition will give Google an uncontestable chokehold on Internet advertising. What exactly Google is suddenly willing to concede is unclear but the Dow Jones says such things usually mean divestments or access by competitors to services. Google lawyer Julia Holtz said Google had committed to leaving certain DoubleClick practices unchanged. It remains to be seen what exactly that means. Reader Feedback: Page 1 of 1
|
|
||||||||||||||||||||