US Congress to Sift Through Google-DoubleClick Deal Details
Posted in: Legal, Privacy & Security at 21/07/2007 03:18
After months of controversy and global outcry, Google's proposed $3.1 billion acquisition of DoubleClick will undergo congressional scrutiny later this year in a planned closed hearing before the House of Representatives' Commerce, Trade and Consumer Protection Subcommittee. Rep. Bobby Rush (D-IL), chairman of the subcommittee, on Tuesday announced his intention to hold the hearing in a letter to Federal Trade Commission Chairman Deborah Majoras. Rush also requested a briefing on the FTC's investigation of the proposed merger, which was launched in May.