Tuesday, March 11, 2008

Google Grows Again

CNN reports that internet juggernaut Google.com has just had it's bid to take over Double Click, and online ad tracker, approved by the EU.

The deal, worth some 3.1 billion dollars, was approved by the U.S, Department of Justice in December, even though complaints were issued by Yahoo!, Microsoft, and Fortune 500. They asserted that the deal would give Google far too much control over the internet advertising market, but the DoJ saw it otherwise, and now the last obstacle to the deal's completion has been surmounted.

Good news for Google shareholders, bad news for Big Brother theorists.

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