Dennis Faas's picture

Yahoo and Google Deal Denied by Justice Department

Just as we reported yesterday, it seems the Yahoo and Google web advertising deal has been rejected by the Department of Justice. The decision came early Wednesday morning when the Justice Department announced to the two top search engines that if ... they went ahead with their planned agreement (which would see Google ads on Yahoo's web pages), a lawsuit would be filed to block it. According to reports, over the last few weeks federal antitrust regulators steadily became more and more critical of the deal. Although there's still a chance the deal could be made with significant changes to its ... (view more)

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