The Federal Trade Commission reportedly has launched an antitrust examination of Google's planned $3.1 billion purchase of online advertising firm DoubleClick. Don Harrison, a senior corporate counsel for Google, said, "We are confident that upon further review the FTC will conclude that this acquisition poses no risk to competition and should be approved."
Mobile-phone makers have identified features such as search engines and advertising as an essential aspect of increasing company revenues. The mobile-advertising market is expected to grow into an $11 billion industry by 2011, according to research group Informa Telecoms & Media.
Many of the leading 2008 presidential candidates are on the record expressing strong views on TV violence, campaign advertising spending, media ownership, broadcast indecency and a host of other issues that affect the media business.