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Antitrust & Trade Reg.

May 25, 2010

Google Deal OK'd Thanks To Apple

The U.S. Federal Trade Commission announced it was closing its antitrust investigation of Google Inc.'s $750 million acquisition of mobile advertising competitor AdMob Inc., clearing the way for the merger.

By Craig Anderson

Daily Journal Staff Writer

PALO ALTO Google Inc.'s red-hot rivalry with Apple Inc. has resulted in many heated clashes. But on Friday, it may have saved the search engine company's acquisition of mobile advertising competitor AdMob Inc.

The U.S. Federal Trade Commission announced it was closing its antitrust investigation of the deal, clearing the way for the merger. The FTC had seriously consi...

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