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May 24

FTC Approves Google Purchase of AdMob


See full size imageThe Federal Trade Commission voted five to zero to give regulatory approval to Google’s acquisition of the mobile advertising network AdMob. The deal was first announced last November. The Commission concluded the acquisition is unlikely to harm competition in the mobile advertising networks market. The Commission relied on recent evidence demonstrating Apple will be a strong competitor in the mobile advertising market. (Apple recently acquired Quattro Wireless for use in connection with the Apple iAd service.) The deal may signal increased interest in acquiring businesses in the digital advertising space — Gavin D. McElroy

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