Microsoft objects to Google DoubleClick purchase

By
Follow google news

Microsoft has called for an antitrust investigation into Google's US$3.1bn acquisition of web advertising firm DoubleClick.

Microsoft objects to Google DoubleClick purchase
Brad Smith, said in a statement that Google's purchase of DoubleClick " raises serious competition and privacy concerns in that it gives the Google DoubleClick".

"We think this merger deserves close scrutiny from regulatory authorities to ensure a competitive online advertising market," according to Smith.

Microsoft and Google have a history of clashes. Last year Google complained that Microsoft's Internet Explorer web browser was pushing users towards MSN but Microsoft was cleared by the US Justice Department.

"By keeping DoubleClick out of Microsoft's hands, Google keeps Microsoft out of its backyard," said David Bradshaw, a principal analyst at Ovum.

"DoubleClick's display advertising expertise complements Google's existing business, and if there is any company that can boost DoubleClick's revenue, it is Google.

"Google is currently cash-rich so spending US$3bn to further both these aims seems well worth it."
Got a news tip for our journalists? Share it with us anonymously here.
Copyright ©v3.co.uk
Tags:

Most Read Articles

Origin Energy puts $210m into spinout of Kraken from Octopus Energy

Origin Energy puts $210m into spinout of Kraken from Octopus Energy

Services Australia describes fraud, debt-related machine learning use cases

Services Australia describes fraud, debt-related machine learning use cases

Suncorp turns to multi-agent AI for business transformation

Suncorp turns to multi-agent AI for business transformation

Federal chief AI officer roles set to go to existing APS staffers

Federal chief AI officer roles set to go to existing APS staffers

Log In

  |  Forgot your password?