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Google's Schmidt defends DoubleClick ads deal


April 17, 2007 Google president and CEO Eric Schmidt defended his company against antitrust allegations leveled by rivals about its proposed acquisition of DoubleClick in his address Monday at the National Association of Broadcasters convention. Schmidt addressed a variety of issues affecting Google, including the imminent introduction of a long-awaited filtering system on YouTube and the company's potential impact on the radio and television advertising businesses. Days after Google disclosed Friday that it was planning to pony up $3.1 billion for online advertising firm DoubleClick, execs at Microsoft Corp. and AT&T urged regulators to scrutinize the combination of the companies.

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