Recent Development in Antitrust and International Trade Law

FEDERAL TRADE COMMISSION CLOSES GOOGLE/DOUBLECLICK INVESTIGATION

December 20, 2007 at 2:32 pm

On December 20, 2007 the Federal Trade Commission announced that it will not seek to block Google Inc.’s proposed $3.1 billion acquisition of Internet advertising server DoubleClick Inc. In a 4-1 vote to close its eight-month investigation of the transaction, the Commission wrote in its majority statement that “after carefully […]