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High Tech News

Congress Eyes Google-DoubleClick Deal

Thursday, July 19, 2007 11:34:17 AM

WASHINGTON (AP) - Congress plans to scrutinize Google Inc.'s proposed $3.1 billion acquisition of DoubleClick Inc. to gauge the potential impacts on consumer privacy and competition in the online advertising business.

Hearings at which Google executives will be called to testify are being planned for late summer or early fall by the Senate Judiciary Committee's antitrust subcommittee and the House Energy and Commerce Committee's consumer protection subcommittee, according to congressional staffers.

In a July 16 letter to the Federal Trade Commission, which is investigating the deal, Rep. Bobby Rush, D-Ill., who chairs the House subcommittee, wrote there is "growing alarm over the implications for consumer privacy from the practices of these companies, especially if they combine."


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