DoJ scrutinizing Yahoo's Microsoft deal
InternetNews | at | by Mike
Microsoft and Yahoo confirmed Friday that the U.S. Department of Justice has begun the process of examining whether the two companies' deal to basically gang up to go after Google's dominant share of the search market should be given the green light.
The scrutiny has been expected ever since Microsoft and Yahoo announced on July 29 that they would collaborate to take on search giant Google.
Antitrust approval is crucial to making the deal work.
"We received a request for additional information about the agreement earlier this week as expected," Jack Evans, a Microsoft spokesperson, told InternetNews.com in an e-mail.