Google Kills Yahoo Ad Deal

mytrip writes "Google has pulled the plug on on a search-ad partnership with Yahoo that would have given Yahoo major new revenue but that raised antitrust concerns. 'After four months of review, including discussions of various possible changes to the agreement, it's clear that government regulators and some advertisers continue to have concerns about the agreement,' said David Drummond, Google's chief legal officer in a blog post Wednesday."

Comments

Re:What This Means

[tsotha]

Oh my God, no it wasn't. Yang was treating Yahoo like it was still his company, when in fact it belongs to the shareholders. There was no reasonable way to run Yahoo's numbers and think the stock would be worth what Microsoft was paying within any reasonable time frame.

Actually, this is something of a coup by Google. They screwed both Microsoft and Yahoo without spending a dime.

Re:I'm glad the government is in on this.

[walshy007]

Google has a very special place in society now given their success and they have a social duty--an obligation if you will--to provide society with quick and effective searches.

The only duty google has is to please it's shareholders, if you were to 'redistribute' the wealth of large companies that annoy you like you say, well that isn't exactly encouraging for people to try to form successful companies is it, what with them putting in the work and collectively everyone else getting the profit.

to our right to access to Google's search servers.

yes, because you have an inalienable human right to access corporately owned servers, you see.... surely even you must see how fallacious this is.

You wouldn't complain if it were MS

[iamapizza]

The DoJ isn't partial or biased. They are 'doing their job' by ensuring that a 'threatening' (note the quotes) monopoly doesn't form. In either case, on the flip side, they represent a tiny form of government regulation in a free capitalistic market - so whether you're a Microsoft-hater or a Google-brownnoser, try looking at the real issue here.

Google was about to enter a deal with Yahoo that may have caused a monopoly of sorts (and infested the place with IFRAMEs, how can you not hate IFRAMEs?). The DoJ said they were worried about it. Google pulled out. End of. They saved money instead of waiting for the court case and going through years of appeals and spending millions/billions.