US: Google-Yahoo! deal requires "monitoring"

Posted by Katherine Thompson on October 3, 2008 at 12:36 PM
The Department of Justice says Google's deal with Yahoo! clears its antitrust regulations, however, Senator Herb Kohl (Democrat -Wisconsin), chair of the antitrust subcommittee, has reportedly said the deal requires monitoring, Reuters have reported.

According to Paidcontent.org, "Kohl is either giving his tacit assent to the deal or at least resigning himself to its ultimate approval by the DOJ."

Kohl has said that Google and Yahoo didn't supply the subcommittee with all the information it would have liked before making its decision. Kohl would like the ability to act if, further down the road, "Google is gaining a dominant market position as a result of the Google-Yahoo agreement."

Source: Paidcontent.org

See also:

World's press opposes Yahoo-Google advertising deal


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