Wednesday, July 2, 2008

It's Official: Anti-Trust Scrutiny of Yahoo/Google Deal is Underway

The U.S. Justice Department has opened a formal antitrust investigation into a deal between Google and Yahoo to share some advertising revenue, The Washington Post reported on Wednesday.

Investigators are planning to demand documents not only from Google and Yahoo, but also from other large companies in the Internet and media industries, the newspaper reported, citing sources who spoke on condition of anonymity.

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