ndmckinney|net

According to a number of news sources, the FTC stated today that it will not oppose the proposed acquisition of DoubleClick by Google. The proposed deal, at US$ 3.1 billion deal would make Google the largest internet advertising company in the world.

However, the European Commission has not yet ruled on whether or not Google’s proposed purchase of DoubleClick violates Article 139/2004 [rules on merger control]. A ruling on this is due by April 2008.