Tue, Jul 17th 2007 7:31pm
Two of the big pending M&A deals right now are Google's purchase of DoubleClick and the proposed tie-up between XM and Sirius. In the case of Google and DoubleClick, it's been assumed that the deal will clear regulatory muster, despite opposition to it from Microsoft. The Sirius-XM deal, however, has been seen as a longshot, in part because of the aggressive opposition to it from terrestrial broadcasters. But two new reports are pouring cold water on the conventional wisdom. An analyst at Bear Stearns believes that the satellite radio deal is looking increasingly likely, a conclusion arrived at by monitoring hearings and reviewing FCC documents. Meanwhile, a Washington policy expert believes that the FTC is likely to block the DoubleClick deal (via Tech Trader Daily), in light of the high concentration of online advertising power that Google would obtain through the deal. Whether you agree with his conclusion or not, he does argue persuasively that this market has indeed become quite concentrated. He also ends with the seemingly inevitable conclusion that Google is set to replace Microsoft as the chief target among the antitrust set.
If you liked this post, you may also be interested in...
- Big Win For Fair Use: Jury Says Google's Use Of Java API's Was Fair Use... On To The Appeal
- Google To France: No You Don't Get To Censor The Global Internet
- And Out Come The Wolves: Now Getty Images Files EU Antitrust Complaint Against Google About Image Piracy
- FCC To Ban Charter Communications From Imposing Usage Caps If It Wants Merger Approval
- Just After EU Goes After Google For Antitrust, Microsoft Agrees To Drop All Antitrust Complaints About Google