FTC OKs Google-DoubleClick deal

Lisa Napoli Dec 20, 2007

TEXT OF STORY

Doug Krizner: Google got a big holiday present this morning:
The Federal Trade Commission green-lighted Google’s takeover of online ad powerhouse DoubleClick. But as Marketplace’s Lisa Napoli reports, privacy right advocates are reeling over this $3 billion deal.


Lisa Napoli: People like Jeff Chester of the Center for Digital Democracy have been fighting the merger since it was announced last April.

Chester says this Google-Doubleclick marriage means you can kiss your online privacy goodbye. He calls the unified company:

Jeff Chester: A data-mining colossus that will be able to track all of us wherever we go online, and then use that highly-detailed information to target us with all kinds of advertisements.

But in the end, the FTC said the deal wouldn’t diminish competition in the growing online ad world.

The Google deal is still under the microscope in the European Union. Regulators there are going to take a closer look at it in January.

In Los Angeles, I’m Lisa Napoli for Marketplace.

As a nonprofit news organization, our future depends on listeners like you who believe in the power of public service journalism.

Your investment in Marketplace helps us remain paywall-free and ensures everyone has access to trustworthy, unbiased news and information, regardless of their ability to pay.

Donate today — in any amount — to become a Marketplace Investor. Now more than ever, your commitment makes a difference.