 |
 User: Login | Weblog covering digital business Digital Business, Live From New York |
| Address URL | http://www.alleyinsider.com/ Registered: 22-Mar-2008 |
| Ads: | |
Send to email | Not Just The Feds: California, Other States Launch Their Own Google-Yahoo Investigations (GOOG, YHOO) in YHOOGOOG | By Silicon el 10-Sep-2008 | 
If the Department of Justice doesn't try to stop Google's (GOOG) search deal with Yahoo (YHOO), state attorneys general just might.
California AG Jerry Brown is taking a long look at the Google-Yahoo ad deal and deciding whether or not to launch his own formal investigation, The San Francisco Chronicle reports.
Brown's office is getting documents from the DOJ, joining at least a dozen other states that are reviewing the documents; Connecticut and Florida have opened their own investigations and have started issuing subpoenas.
It's not hard to see why the deal is getting the scrutiny: on its face, Google and Yahoo collectively control about 90% of the search market, which sets off watchdog alarm bells. Yahoo has said that since the Google deal is non-exclusive, and Yahoo controls what keywords Google's ads would be placed on, the deal should pass regulatory scrutiny. The company has also indicated that it will start the deal on October 1, even if it hasn't yet heard from the DOJ.
See Also: Former Fed Regulator: Litvack Hire Means DOJ Likely To Litigate To Stop Google-Yahoo Ad Deal Another Reason Google's Stock Crashed Are Google, Yahoo Going Forward With Ad Deal Without Approval From Feds?

Read 1 times

|
|
 |
| Former Fed Regulator: Google-Yahoo Deal A Tough Sell To Feds (MSFT, YHOO, GOOG) | | Stifel Nicolaus analyst Blair Levin has broken down the odds that Washington approves one of multiple tie-ups in play right now: Microsoft (MSFT) buys all of Yahoo (YHOO) ; Microsoft buys Yahoo search; Yahoo hands over some of search to Google (GOOG).
Blair's bio makes him worth listening to: He was chief of staff to former FCC chair Reed Hundt for a good stretch of the Clinton administr [..] Read complete article |  | Published 19-May-2008 by Silicon in GOOGYHOOMSFT Read 9 times. More hits in  |
|
|
Warning We are not responsible of information posted from external feeds. Use this website at your own risk.
Notice: We will not be liable for any direct or indirect loss or damage arising under this disclaimer or in connection with our website, whether arising in tort, contract, or otherwise.
|
|
| |