Financial Times FT.com

Brussels to investigate Google ad deal

By Nikki Tait in Brussels and Richard Waters in San Francisco

Published: November 13 2007 19:49 | Last updated: November 13 2007 22:22

Google’s ambitions in the online advertising business suffered a potential setback on Tuesday as the European Commission said it was opening an in-depth review of the internet company’s proposed $3.1bn takeover of DoubleClick.

In a statement, the Commission said an initial market investigation had indicated “that the proposed merger would raise competition concerns in the markets for intermediation and ad-serving in online advertising”. It now has until April 2 next year to reach a final decision.

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