FTC approves Google-AdMob deal

Apple and its iAd announcement seem to have weighed heavily on the final decision. "As a result of Apple's entry (into the market), AdMob's success to date on the iPhone platform is unlikely to be an accurate predictor of AdMob's competitive significance going forward, whether AdMob is owned by Google or not," the FTC said. The final vote was 5-0 in favor of allowing Google to proceed.

http://news.cnet.com/8301-30684_3-20005619-265.html