TweakTown
Tech content trusted by users in North America and around the world
5,918 Reviews & Articles | 38,135 News Posts

Google Dropped Yahoo Due to Pending DOJ Lawsuit

With only Three Hours to Go

| Posted: Dec 4, 2008 12:00 pm

Well, well, well, it looks like Google did not drop the Yahoo deal over lack of interest. It appears they dropped it due to a pending AnitTrust suit from the US DOJ.

 

CNET has a nice little piece on this explaining that the DOJ was a mear three hours from filing the suit when Google phoned and explained they were dropping it.

 

Read more here

 

Google Dropped Yahoo due to Pending DOJ Lawsuit

"Sandy Litvack, the lawyer hired by the Justice Department to look into the search advertising pact between Google and Yahoo, said in an interview with American Lawyer's AmLaw Daily that the government had a suit ready and was just three hours away from filing it.

 

"We were going to file the complaint at a certain time during the day," Litvack said in the interview. "We told them we were going to file the complaint at that time of day. Three hours before, they told us they were abandoning the agreement."

 

According to Litvack, the government would have sought an injunction to stop Google from serving up search ads for Yahoo, alleging that Google was violating two sections of the Sherman antitrust act.

 

Related Tags

Further Reading: Read and find more news at our news index page.

Do you get our news RSS feed? Get It!

Post a Comment about this news

Latest Tech News Posts

View More News Posts

TweakTown Web Poll

Question: Facebook's acquisition of Oculus VR will...

Improve Oculus Rift Development

Hamper Oculus Rift Development

Completely destroy Oculus Rift Development

Let's wait and see, I'm not sure

or View the Results

View More Polls

Forum Activity

View More Forum Posts

Press Releases

View More Press Releases