EU Prepares “Objections” To Google-DoubleClick Acquisition
Now back to news of that other acquisition that was dominating headlines and speculation until last Friday: Google-DoubleClick. DowJones newswires reports that “the European Union’s antitrust regulator has prepared a draft ‘statement of objections’ to Google Inc.’s planned $3.1 billion takeover of DoubleClick.” This does not mean that the EU will block the deal. However, […]
Now back to news of that other acquisition that was dominating headlines and speculation until last Friday: Google-DoubleClick. DowJones newswires reports that “the European Union’s antitrust regulator has prepared a draft ‘statement of objections’ to Google Inc.’s planned $3.1 billion takeover of DoubleClick.” This does not mean that the EU will block the deal. However, as we previously speculated, it’s quite likely to impose conditions or ask Google for concessions in order to bless the acquisition.
The “statement of objections” is confidential unless or until issued, so the article and its source are speculating at this point.
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