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FTC Greenlights Google-AdMob Deal

May 21st, 2010 05:10 admin Leave a comment Go to comments

coondoggie writes “The Federal Trade Commission today said it closed the investigation of the proposed $750 million Google acquisition of mobile advertising network company AdMob. The FTC said that while the combination of the two leading mobile advertising networks raised serious antitrust issues, the agency’s concerns ultimately were overshadowed by recent developments in the market, most notably a move by Apple to launch its own, competing mobile ad network.”

Source: FTC Greenlights Google-AdMob Deal

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