Schmidt Convinced Deal Will Get Approval

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Schmidt Convinced Deal Will Get Approval

By: Andy Beal
2007-05-30

Speaking at the Seoul Digital Forum today, Google CEO Eric Schmidt told reporters that he fully expects...

... the deal to pass the scrutiny of an FTC investigation.

"We are quite convinced that the proposed merger meets all appropriate U.S. laws," he said.

(Side note - notice the use of "merger" and not "acquisition". Maybe that is less threatening language for the benefit of the FTC)

Schmidt also confirmed that Google would continue looking for acquisition targets, but would likely stay away from any media content creators.

"We're open to other (acquisitions) but there are no specific ones to announceWe made a decision to focus on what we're good at," he said, referring to the company's powerful search functions and other technology tools.

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View All Articles by Andy Beal

About the Author:
Andy Beal is an internet marketing consultant and considered one of the world's most respected and interactive search engine marketing experts. Andy has worked with many Fortune 1000 companies such as Motorola, CitiFinancial, Lowes, Alaska Air, DeWALT, NBC and Experian.

You can read his internet marketing blog at Marketing Pilgrim and reach him at [email protected].


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