Google-AdMob acquisition cleared by FTC
OK, so this is big news, and counter to the way the wind seemed to be blowing. And, yes, it creates a powerhouse that is difficult to fight in the marketplace.
But, hey, with every door that closes, another one opens, or something. Firstly I'm particularly happy for Mr. Buckley, since as we said to one another a few months ago, it's about time one of us had a decent exit... Secondly, I don't really fear Google-AdMob. In a nascent market, people will choose a supplier for all sorts of reasons. Being big is one of those. Being nimble is another. And I say this as a direct competitor.
This isn't monopolistic. It's an opportunity. I'm meeting with Russell next week, actually. Obviously he needs to buy the drinks :)
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