European antitrust regulators on Tuesday approved Google's US$3.1 billion merger with DoubleClick, which Google's CEO said will mean job cuts.
Google's megamerger proposal with DoubleClick could face greater scrutiny in Europe than the US if antitrust regulators decide the deal takes the companies into new markets.
With the Google-DoubleClick merger wrapped up, Yahoo may face even greater pressure to find itself a buyout partner, according to Wall Street analysts and investors.
The Australian Competition and Consumer Commission says it will not intervene into Google's US$3.1 billion acquisition of ad-serving company DoubleClick.
Google's planned acquisiton of DoubleClick has led to US government antitrust committees and liberal consumer groups watching the search giant's moves, just like they did Microsoft's not too long ago.
Nobody, least of all Yahoo and Google, doubted that the two companies' search-advertising deal would escape any antitrust scrutiny.
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