A June deal between Google and Yahoo that would let Google use some of Yahoo’s online advertising space quickly ran into problems with the US Justice Department and the Wall St Journal is now reporting sources close to the deal as saying it could be dropped next week. The two have 80% of the online advertising market and advertisers have voiced fears prices will rise if the deal goes through. Reuters

Posted by Ellen Wallace on 31 October 2008 at 6:42 | permalink
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News story, GenevaLunch, 31 October 2008.

Filed under: World news

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