EU Close To Approving Google's DoubleClick Deal

Bloomberg:

Google Inc. hasn't received formal objections from European Union regulators about its proposed $3.1 billion purchase of DoubleClick Inc., three people familiar with the case said, indicating the EU is close to approving the deal.

European regulators in Brussels may only block a merger if they send a list of concerns, known as a statement of objections. That document is typically sent at least eight weeks before the deadline for approval. No such document has been sent in the Google case ahead of the April 2 deadline, said the people, who declined to be identified because the investigation is private.

``If they're not objecting to anything, then of course the deal is going to go through,'' said Dennis Oswell, a competition lawyer at Oswell & Vahida in Brussels. ``If you think you have something to fight over, you've got to get that out.''

Read the whole story: Bloomberg

Comments

[realitytrumpsbull]

I'll double-click ya, by all appearances the EUsters are using the EXACT same eco-rhetoric to inflict economic pain and discomfort on their evil citizens that they're trying to use here in the US. What's up with that? How many inventors have come from europe, now apparently conveniently forgotten in the pursuit of Ultimate Digital Larceny? Let's get real:
e-money derives from the science fiction story that is the e-conomy, or Con Me. Factory production of material goods for domestic use and export, that's where money is, import and export. Germany can make things like really good tools, electronics even, and I'm really surprised that Japan edged em out in the windmill biz, as the shared heritage with Holland kind of has a background, there. But, germany also has this socialism thing going...
when the whole continent is dependent on your government handouts, the world is your EUster...
nice little racket, there...