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Google and Yahoo Say Deal Would Have Survived a Suit
Submitted by Benton Foundation on November 7, 2008 - 8:53am
Last updated: November 7, 2008 - 8:53am
Last updated: November 7, 2008 - 8:53am
Source: New York Times
Author: Miguel Helft
GOOGLE AND YAHOO SAY DEAL WOULD HAVE SURVIVED A SUIT
A day after Google walked away from an advertising partnership with Yahoo, Eric E. Schmidt, the chief executive of Google, said he believed that the companies would have been successful if they had chosen to defend the deal in court. Google chose to abandon the controversial plan after the Justice Department notified the companies that it would file an antitrust suit to block it. Yahoo said it would have preferred to defend the deal in court.
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