Yahoo CEO Jerry Yang has told Microsoft executives that the company's search advertising deal with Google would reduce the Internet search market from two poles to one, Microsoft general counsel Brad Smith told U.S. lawmakers Tuesday.
The deal, which would allow Yahoo to display Google search advertising on its search pages, will make for reduced competition, and Yahoo has recognized that, Smith told the U.S. Senate Judiciary Committee's antitrust subcommittee . He told senators that Yang's comments came during a June 8 meeting between Yahoo and Microsoft executives.
Yang described the Internet search market as "bipolar," with Google on one side and Yahoo and Microsoft on the other, said Smith, who attended the meeting in San Jose, California. Yang told Microsoft executives.............
More: http://www.pcworld.com/businesscenter/article/148433/microsoft_googleyahoo_deal_means_less_competition.html
The deal, which would allow Yahoo to display Google search advertising on its search pages, will make for reduced competition, and Yahoo has recognized that, Smith told the U.S. Senate Judiciary Committee's antitrust subcommittee . He told senators that Yang's comments came during a June 8 meeting between Yahoo and Microsoft executives.
Yang described the Internet search market as "bipolar," with Google on one side and Yahoo and Microsoft on the other, said Smith, who attended the meeting in San Jose, California. Yang told Microsoft executives.............
More: http://www.pcworld.com/businesscenter/article/148433/microsoft_googleyahoo_deal_means_less_competition.html