From C|Networks:
Companies want scrutiny of Google-DoubleClick deal
Several companies, including Yahoo, AT&T and Microsoft, are encouraging regulators to take a close look at Google's planned purchase of online ad company DoubleClick.
Although the companies have yet to file any formal objections with regulators in the U.S. or Europe, they are beginning to publicly voice their concerns, according to a source close to one of the companies.
If the deal goes through, Google would account for 80 percent of the ads served up on the Internet, the source said.
Google announced its plans to acquire DoubleClick for $3.1 billion on Friday. Microsoft had also been in the running to acquire DoubleClick.
Google could not immediately be reached for comment Sunday.
Google is buying DoubleClick from San Francisco-based private equity firm Hellman & Friedman, which acquired DoubleClick two years ago for $1.1 billion, and JMI Equity and Management. The deal is subject to regulatory approval. David Drummond, senior vice president of corporate development at Google, said he was confident antitrust and other regulators would approve the agreement.
