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As Australia Approves GoogleClick Deal, Threat of EU Block Looms

by thisjenn Prodigy(November 2007) (rank 42nd)

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The Australian Competition and Consumer Commission (ACCC) announced on Monday that it would not intervene in Google’s proposed $3.1 billion acquisition of DoubleClick. With that decision, all eyes are now turned to the EU verdict, due November 13th, as the Brussels-based European Commission weighs anti-competitive concerns that may arise from the transaction.

 
 
 

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