Monday, December 28, 2009
Two consumer groups asked the U.S. Federal Trade Commission to block
Google Inc.’s (GOOG) proposed $750 million acquisition of mobile
advertising company AdMob Inc., as they allege the deal would diminish
competition to the detriment of consumers. "Consumers will face higher prices, less innovation and fewer choices,"
said John M. Simpson, a consumer advocate at Consumer Watchdog. "The
FTC should conduct the appropriate investigation, block the proposed
Google/AdMob deal, and also address the privacy issues."