Yahoo, Google defending deal at DOJ
Yahoo and Google are reported to be working with the U.S. Department of Justice to salvage the deal they cooked up to collaborate on online advertising – a relationship that is inspiring growing resistance.
In June, the two cut a deal that would see Google serving ads supporting certain search responses conducted by Yahoo’s search engine. Microsoft, which had been trying to buy Yahoo, objected, saying that the deal concentrated too much market power with Google and Yahoo. Other advertising interests and consumer groups have also become concerned.
Yahoo and Google are said by The Wall Street Journal to be working with the DOJ to address specific antitrust concerns.
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