EU extends antitrust review of Google-DoubleClick deal

11/13/2007 | · Forbes

Saying preliminary findings suggest the deal could be anticompetitive, the European Commission has opened an in-depth review of Google's proposed $3.1 billion takeover of DoubleClick, postponing a final decision until April 2. Google CEO Eric E. Schmidt, in a statement, expressed disappointment with the setback, which could hurt the company's ability to fully compete with its rivals whose "acquisitions in the highly competitive online advertising market have already been approved," he said.

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