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ACCC Approves Google-DoubleClick Merger

Bryce R [PersonRank 1]

Tuesday, October 30, 2007
16 years ago2,808 views

http://www.smh.com.au/news/biztech/accc-approves-googledoubleclick-deal/2007/10/30/1193618874828.html

"The Australian competition regulator said on Tuesday it would not block the $US3.1 billion acquisition by Google of DoubleClick, a US web advertising supplier."

pretty interesting

James Xuan [PersonRank 10]

16 years ago #

australian?

Reto Meier [PersonRank 10]

16 years ago #

Every market that the two companies are incorporated in gets to have a poke at the deal. That's why the US and European regulators are both checking it out, as well as Australia.

Of course the Australian regulators investigation hasn't been as widely covered, this news article is from an Australian newspaper (Sydney to be precise).

Philipp Lenssen [PersonRank 10]

16 years ago #

Can Google utilize this Australia decision as some "non-legally binding, but still noteworthy" precedent or something?

Ionut Alex. Chitu [PersonRank 10]

16 years ago #

I don't understand why this acquisition needs all these decisions that take a lot of time.

Bryce R [PersonRank 1]

16 years ago #

"I don't understand why this acquisition needs all these decisions that take a lot of time."

I guess because each company has different competition laws.

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