Report: EC expected to approve Google-DoubleClick deal in February
European regulators are expected to approve Google's proposed acquisition of online ad firm DoubleClick in February despite circulation of a threat assessment report, according to a research note released Thursday by Stifel Nicolaus.
Google was given the go-ahead by U.S. regulators late last year, but it's still waiting for approval from the European Union.
Staff members in the competition department of the European Commission have prepared a draft "Statement of Objection" that assesses how the takeover could pose threats to competition. "It is a necessary, but not sufficient, step in the EC merger review … Read more