FTC Probing Google’s Planned AdMob Acquisition
U.S. regulators are reportedly digging deeper into Google’s planned AdMob acquisition. The Federal Trade Commission is asking for sworn statements from the search giant’s competitors and advertisers in what could signal plans to hold up the merger. The news comes as part of a wave of government scrutiny against the maturing company.
According to Bloomberg News, the FTC is seeking to learn whether Google’s proposed purchase of the mobile-ad technology provider would lessen competition in the market for Internet advertising on mobile phones. The FTC couldn’t immediately be reached for comment.
Bloomberg didn’t identify the names of two companies that said they were asked to sign statements for the probe. However, it’s likely that the FTC spoke with companies like Microsoft, Yahoo, Jumptap and Millenial Media, all of which have stakes in this growing space.
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Add comment March 12th, 2010





