Google: Schmidt Still Expects To Get Govt OK On AdMob Deal

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Google (GOOG) CEO Eric Schmidt said at the company’s Zeitgeist conference in London today that GOOG still expects to win government approval for its pending $750 million deal to acquire AdMob, according to Bloomberg. There have been reports that the FTC or Justice Department could seek to block the deal on antitrust grounds.

At the event, Schmidt also said:

That Microsoft (MSFT) is the company’s primary competitor.That he’s told the company’s staff not to hold back on acquisitions.That the company is not planning to get into the news business.

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