Europe Set to Green Light Google’s DoubleClick Acquisition
Proving that being labeled a monopoly really depends if you company is named Microsoft or not, Google is set to get a green light from the EU to buy DoubleClick.
The approval has long been expected because the European Commission decided in January not to object formally to the transaction. The Commission, the EU’s top competition watchdog, has never rejected a deal without sending formal objections.
It seems the hold-up might have been due to privacy advocates huffing and puffing in the general direction of the EU. Unfortunately for them, the EU’s house is made of bricks not interested in issues of privacy–only monopoly.