Credit:
The Federal Trade Commission has given the green light to Yahoo's purchase of advertising network BlueLithium. That's a quick turnaround for regulatory approval - the $300 million deal was only announced about a month ago.
Meanwhile, Google still awaits word on regulatory approval of its DoubleClick purchase, which was first announced back in April. Hearings were held last week in Washington to help determine if the deal was potentially anti-competitive. Given today's approval of another fairly large deal in the online advertising space, it would seem unlikely for the FTC to block the Google-DoubleClick deal.