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FTC approves Google-DoubleClick deal

By Laurie Bennett   |   December 20, 2007 at 10:36am   |   0 Comments

The Federal Trade Commission today approved Google’s $3.1 acquisition of DoubleClick, clearing the way for tremendous growth in the company’s online advertising revenues.

Microsoft and consumer privacy organizations had opposed the deal, arguing that it would create an advertising monopoly.

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