Google’s controversial $750 million deal to buy mobile advertising company AdMob has raised more doubts, this time from Capitol Hill.
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Congressmen question proposed AdMob deal
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Google’s controversial $750 million deal to buy mobile advertising company AdMob has raised more doubts, this time from Capitol Hill.
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Google just bought its first Israeli startup, LabPixies. The company was an early developer of widgets (web gadgets) like games (Flood-It), calendars and to-do lists for iGoogle personalized home pages.
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More concerns about Google’s $750 million proposed deal to buy mobile advertising company AdMob were raised Tuesday.
Sen. Herb Kohl (D-WI) wrote Jonathan Leibowitz, chairman of the Federal Trade Commission, warning that the proposed deal “raises important competition issues which should be reviewed carefully…”
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Google’s April Fool joke this year – renaming its search site “Topeka” – was a self-congratulatory disappointment compared with some of the funny self-parodies of previous years, for instance, here or here. The mayor of…
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Internet giant Google appears to be concerned that its proposed $750 million acquisition of mobile advertising company AdMob is…
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Despite the fact that the mobile advertising market is still young and fragmented, U.S. regulators apparently are concerned that Google’s proposed acquisition of AdMob could give it an unfair competitive advantage. Google got an inkling that the FTC might want to give the deal a second look shortly after it was announced. At the end of December, the company received a "second request" for
additional information from the agency, Paul Feng, group product
manager, wrote in Google’s Public Policy blog. Shortly thereafter, two consumer groups — Consumer Watchdog and the
Center for Digital Democracy — asked the Federal Trade Commission to block the deal, arguing that it would lessen competition and harm consumers, advertisers and application developers, among others.
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Antitrust regulators are reported by Bloomberg news service to be seeking sworn statements from Google’s competitors and advertisers as they continue to investigate the the Internet giant’s proposed $750 million deal to buy AdMob.
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Google sees an Internet far more crowded with competitors than just a year ago. At least, that’s what the company is telling government regulators. Critics of Google’s dominance in search — Americans use Google for
about two thirds of U.S. searches, and the company has more than 70
percent of U.S. search advertising revenue, and about 90 percent in
Europe — say the expanded list of competitors is an attempt by Google
to paper over its dominance. "I think they are feeling the heat from several serious antitrust
investigations, and that’s reflected in the language they are using in
the 10-K," said John Simpson, of Consumer Watchdog. He argued in a
recent blog post that Google’s statements that it has many competitors
actually proves that "the opposite is actually true" and that "the real
risk to Google’s business is not from competition," but that regulators
in the U.S. and Europe "will act in the interest of consumers and force
the Internet giant to engage" in competition.
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Google, under antitrust scrutiny by the U.S. Department of Justice, the …
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Google launched its much anticipated social networking service, Buzz, today aimed a competing with sites like Facebook and Twitter….