Google Asks EU's OK of DoubleClick Buy

Google has asked the EU to clear its acquisition of DoubleClick. The EU now has twenty five days to decide whether to OK the deal or open an investigation that can take up to four months.

"We asked the European Commission to look at the proposed acquisition. We believe this deal is positive for both users and advertisers and fosters competition," Google's antitrust counsel Julia Holtz said in a statement.