Google-Yahoo Put Partnership On Hold; Talks With DOJ 'Continuing'

In order to give the Department of Justice more time to determine whether or not Google's (NSDQ: GOOG) and Yahoo's (NSDQ: YHOO) ad search pact runs afoul of anti-trust laws and will create any undue anti-competitive pressures against the online ad industry, the two will suspend working together, AllThingsD reports, citing sources close to the situation. Adam Grossberg, a Yahoo rep, confirmed that report for paidContent, saying, "The companies have agreed to a brief delay in implementing this agreement to continue our ongoing discussions with the Department of Justice. We have had discussions with regulators and look forward to responding to their questions about this agreement." The deal was set to begin in the middle of this month, but with opposition mounting, the companies had little choice other than issuing a delay. On... [read full story]                    

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