Google's DoubleClick Purchase Questioned by Senator
U.S. lawmakers questioned whether Google Inc.‘s $3.1 billion purchase of DoubleClick Inc. will give the Internet search company a “stranglehold’’ in the online advertising market.
“Once these two companies have joined forces and combined their gigantic information resources, will the barriers to entry for a new entrant into the marketplace simply be too high?’’ Democratic Senator Herb Kohl of Wisconsin said at a hearing today in Washington.
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