WPP chief Sorrell wants thorough examination of Google-AdMob deal

Google's $750 million acquisition of mobile advertising company AdMob should be given a “rigorous” examination by federal regulators, WPP Group boss Martin Sorrell said May 10.

The Federal Trade Commission is examining the deal, but has yet to announce whether it will launch a formal investigation.

Speaking to reporters at the World Economic Forum on Europe in Brussels on May 10, Sorrell said: "[a regulatory investigation] should be rigorous."

The WPP chief executive also criticized the FTC's approval of Google's $3.1 billion acquisition of online display advertising company DoubleClick in 2008.

"I don't think in the case of DoubleClick it was deep enough and strong enough," said Sorrell.

The FTC concluded that the DoubleClick deal was unlikely to substantially lessen competition.

Google, which agreed to the AdMob deal last November, has said it is "confident the FTC will conclude that the rapidly growing mobile advertising space will remain highly competitive after this deal closes.”

Follow us on Twitter @dmnews

Latest Jobs:

Featured Listings

More in Digital Marketing

Data-Driven Marketing Is Ready to Rev Into High Gear

Data-Driven Marketing Is Ready to Rev Into High ...

Companies put the pedal to the metal for spending on new data solutions and staffers, says a DMA report

Just Ask Watson: IBM Unveils the Watson Engagement Advisor

Just Ask Watson: IBM Unveils the Watson Engagement ...

According to IBM, 50% of the 270 billion customer service calls placed each year go unresolved. But Watson can help.

Etailer Taps Data with Appealing Results

Etailer Taps Data with Appealing Results

Gift basket purveyor Harry & David uses multivariate testing to give its e-commerce visitors the online experience they crave.