Approval still likely
Apparently the vast majority of second phase investigations still result in clearance.
After investigating Google's bid to buy DoubleClick, EU antitrust regulators have decided to investigate it again. The European Commission originally promised a ruling on Google's proposed $3.1bn purchase on October 26. Then it delayed things a bit, promising a decision would arrive today. And today, as reported by The Wall …
I am constantly seeing this as the rekindling of the General Electric-Honeywell failed merger a few years ago. All this time and effort in this merger will be wasted for nothing, and it will show the EU aren't a bunch of capitalist €urocrats.
Apparently the vast majority of second phase investigations still result in clearance.
Surely that should be €crats?
Otherwise there's too much repeated, repetitive redundancy - or is that the point?