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Home > Plugged In > Archives > 2008 > March > 11 > Entry
Google-DoubleClick merger approved
After a four-month investigation, the European Union has cleared Google’s merger with Internet ad giant DoubleClick, giving a huge boost to Google’s plans to greatly expand its advertising reach online.
The EU said in a statement said that it didn’t find any evidence that the $3.1 billion merger would harm consumers.
Just a few hours after the approval. Google announcedit had completed the deal.
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