Google says DoubleClick purchase poses no antitrust problems
Google executives are dismissing antitrust concerns related to the company's plan to acquire online display ad company DoubleClick for $3.1 billion, which was announced on Friday. Over the weekend, Microsoft, AT&T and other companies said they would urge U.S. regulators to closely scrutinize the deal, which they allege would hurt competition in the online ad market.
In an e-mail to CNET News.com, Google spokesman Jon Murchinson said "We do not believe this acquisition is anticompetitive, as it promotes a vibrant, healthy market for online advertising." Google Chief Executive Eric Schmidt told The … Read more