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Google to fight FTC if AdMob deal blocked

on May 19, 2010 | Apple Google | Comments (0)

Google Chief Executive Eric Schmidt said his company is prepared to fight the U.S. government if the FTC blocks their acquisition of mobile advertising company AdMob.

A decision is expected in a few weeks from the FTC.

Google purchase Admob in November 2009 for US$750 million. Apple was also throwing up and offer but Google substantially overpaid to the keep the company out of Apple’s hands.

Apple is now moving away from AdMob advertising in the apps to the iAD advertising system which keeps all advertising in app instead of our of apply advertising like AdMob.,


David Cowling : Editor and Founder of SocialMediaNews.com.au. I also run a Social Media Agency where I do consulting work and another blog dedicated to Instagram news. Connect with me: Twitter | LinkedIn | Google + or contact me here. Alternatively, you can send me an email at david@socialmedianews.com.au











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