March 5, 2008 3:42 PM PST
EU could approve Google-DoubleClick merger next week
European regulators are planning to grant approval for Google's proposed $3.1 billion takeover of DoubleClick, possibly on March 11, according to a Bloomberg report.
And that would be approval without conditions, three sources familiar with the matter told the news service.
Google was given the go-ahead by the U.S. Federal Trade Commission in December, but has been waiting for European regulators to act.
Elinor Mills covers Internet security and privacy. She joined CNET News in 2005 after working as a foreign correspondent for Reuters in Portugal and writing for The Industry Standard, the IDG News Service, and the Associated Press. E-mail Elinor.
- I'm so relieved
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by suyts
March 5, 2008 4:44 PM PST
- that the EU will ALLOWED Google to go ahead. Thanks for your permission, EU.
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- There's no money in it
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by Vegaman_Dan
March 5, 2008 5:03 PM PST
- The EU can't really get any money out of the merger so they have no real reason to oppose it.
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