Welcome to WebmasterWorld Guest from 54.166.54.215

Forum Moderators: goodroi

FTC Preparing Antitrust Action Over Google's AdMob Acquisition?

   
11:23 am on Apr 7, 2010 (gmt 0)

WebmasterWorld Administrator engine is a WebmasterWorld Top Contributor of All Time 10+ Year Member Top Contributors Of The Month



FTC Preparing Antitrust Action Over Google's AdMob Acquisition? [online.wsj.com]
The Federal Trade Commission appears to be laying the groundwork for an antitrust challenge to Google Inc.'s proposed purchase of mobile-advertising company AdMob.

The FTC has assembled an internal litigation team to prepare for a possible effort to block the deal, according to people familiar with the matter. It also sent letters to AdMob's competitors asking them to testify in sworn statements about the potential impact of the purchase, according to several other people with knowledge of the effort.
7:09 pm on Apr 7, 2010 (gmt 0)

WebmasterWorld Administrator martinibuster is a WebmasterWorld Top Contributor of All Time 10+ Year Member Top Contributors Of The Month




System: The following message was spliced on to this thread from: http://www.webmasterworld.com/goog/4111638.htm [webmasterworld.com] by engine - 2:41 pm on Apr 8, 2010 (utc +1)


BusinessWeek reports [businessweek.com] that Google's acquisition of AdMob may be challenged by the FTC.

The Federal Trade Commission may be preparing to challenge Google's planned acquisition of AdMob on antitrust concerns...

The FTC has built a litigation team as part of a potential bid to block the purchase of the mobile advertising provider... The FTC has also told Congress about its concerns and asked several AdMob rivals to testify about the effects of the proposed acquisition, the report said.

The FTC has not already decided to try to block the deal and Google lawyers could still reach an agreement with the agency to protect the deal
 

Featured Threads

My Threads

Hot Threads This Week

Hot Threads This Month