BUSINESS

EU To Probe Google Deal

Mar 28, 2008 | Updated May 25, 2011

European Union regulators have launched an in-depth investigation into Google's $3.1bn (£1.5bn) takeover of online advertising firm DoubleClick.

The EU Commission said its initial probe had shown the deal would raise competition concerns.

It has set itself a deadline of 2 April 2008 to reach a decision.

Google said it would work with the Commission to show how the acquisition would benefit publishers, advertisers and consumers.

Read more on BBC News