Senators Urge Scrutiny Of Google, Doubleclick Merger

Law360, New York (November 20, 2007, 12:00 AM EST) -- Urging caution in reviewing Google Inc.’s proposed $3 billion takeover of Internet advertising firm DoubleClick Inc., two U.S. senators told Federal Trade Commission Chairman Deborah Platt Majoras on Tuesday that the implications of the deal need “serious scrutiny.”

In a letter to Majoras, Sens. Herb Kohl (D-Wis.) and Orrin Hatch (R-Utah) said, “The implications of this [merger] for the Internet advertising market – and for the Internet as a whole – are profound and potentially far-reaching.”

Kohl serves as chairman of the Senate subcommittee on antitrust,...
To view the full article, register now.

Law360 UK

UK Financial Services

Read Our Latest UK Legal News & Analysis

Financial Services Law360 UK and Insurance Law360 UK provide breaking news and in-depth analysis on U.K. and European Union regulation, enforcement, legislation, and litigation involving banks, investment firms, insurers, and more.