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Antitrust Subcommittee Members Call for
'Serious Scrutiny' of Google/DoubleClick Deal
As we were going to press with this issue, Sen. Herb Kohl, (D-WI), and Sen. Orrin Hatch (R-UT), members of the Senate Antitrust Subcommittee, wrote to the Federal Trade Comm- ission ('FTC') asking the Commission to look at the Google Inc.'s acquisition of DoubleClick with 'serious scrutiny.' The senators say that industry experts fear that the deal, pairing Internet advertising giant Google and display advertising leader DoubleClick, would harm competition on the Internet. 'While we have not reached any definitive conclusion regarding this issue, we urge that you only approve the merger if you determine that it will not cause any substantial lessening of competition with respect to Internet advertising,' they wrote in a letter to FTC chairman Deborah Majoras.
With time running out, the tiny Caribbean island nation of Antigua and Barbuda holds the cards in a dispute over Internet gambling that could ultimately cost the United States billions of dollars.
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