FTC Ends Antitrust Probe Of Google-AdMob Merger

SAN FRANCISCO – The Federal Trade Commission on Friday said it has ended its antitrust investigation of Google Inc.’s proposed merger deal with AdMob, saying the transaction “will not likely harm competition.” The FTC said its decision was based in part on developments in the market, “most notably a move by Apple Inc. to launch its own, competing mobile ad network.”

http://www.foxbusiness.com/story/markets/industries/technology/ftc-ends-antitrust-probe-google-admob-merger/