antritrust

Google's purchase of Internet advertising company Admeld will be subjected to an antitrust review by the Justice Department, according to reports by The Wall Street Journal and The New York Times.

Google sought to portray the advantages of the $400 million deal while responding to media inquiries regarding the reported investigation.

"This acquisition is designed to help publishers get the most from the rapidly growing display advertising industry, which is both complicated and incredibly competitive," Google spokesman Rob Shilkin said in a statement to The Times. "The emergence in recent years of a huge variety of … Read more