DOJ Denies Yahoo! Hundreds of Millions in Revenue
Technology Liberation Front —
... The Google Policy Blog announced today that the proposed advertising deal between Google and Yahoo! will no longer be pursued. The DOJ has thrown up too many roadblocks and both companies have decided it’s better to move on than to try to convince regulators to change their minds. ...
Google pulls out of Yahoo advertising deal
L.A. Times Tech Blog —
... With the deal already delayed and then revised in hopes of overcoming strong concerns from the Justice Department, Google announced in a blog post this morning it was pulling the plug because those steps were not enough to secure regulatory approval. David Drummond, Google's chief legal officer and senior vice president for corporate development, said: ...
Yahoo Says Boo-Hoo As Google Withdraws From Ad Pact
ChannelWeb Complete Feed —
... and Yahoo have abandoned their plans for an online advertising deal that would have allowed Yahoo to place ads on Google's Web sites. It's a grim blow to Yahoo, which was expecting a large infusion of cash to bolster its business. Writing on the official Google Public Policy Blog , David Drummond, senior vice president, corporate development and chief legal officer for Google, placed the final nail in the coffin for the Google-Yahoo ad pact. "[A]fter four months of review, including discussions of various possible changes to the agreement, it's clear that government ...
Justice Department Harassment Kills Google-Yahoo! Deal
Technology Liberation Front —
... Why doesn’t he get on and ride?
The same thing one must ask about the Justice Department’s successful campaign to thwart the Google-Yahoo! deal. As Cord has noted, allowing these two companies to enjoy the benefits they perceived from combining their resources would have made them both better off and acted as a spur to others, competition that would have produced new innovation for consumers to enjoy. But the dead hand of government power has won out.
The Justice Department’s two-step on the grave of the deal gets it ...
Antitrust concerns kill Yahoo-Google ad deal
Webware.com —
... "After four months of review, including discussions of various possible changes to the agreement, it's clear that government regulators and some advertisers continue to have concerns about the agreement," said David Drummond, Google's chief legal officer in a blog post Wednesday. "Pressing ahead risked not only a protracted legal battle but also damage to relationships with valued partners. That wouldn't have been in the long-term interests of Google or our users, so we have decided to end the agreement." ...
Google AYBABTU Report - YahOOGLE Pronounced Dead
ACT - Protecting Small Business Innovation —
In the second biggest news of the day, Google abandoned its controversial advertising Han-solo-carbonite deal with Yahoo! under heavy pressure from the Department of Justice. ACT and many others predicted this based on recent moves by Google and leaks from those close to the deal. Given the timing of the announcement and the intelligence of Google’s PR team, there is even a good chance this deal has been dead for weeks and they simply thawed it out and pronounced its time of death today. We never joined the chorus of voices asking the DOJ to ...
Google Dodged Antitrust Charges By Three Hours
The Channel Wire —
... . Writing on the Google Public Policy Blog David Drummond, senior vice president, corporate development and Chief Legal Officer at Google, expressed disappointment but concluded that moving forward was important for Google. "But we're not going to let the prospect of a lengthy legal battle distract us from our core mission. That would be like trying to drive down the road of innovation with the parking brake on," Drummond wrote. That blog post from Drummond was the official end of the Yahoo-Google advertising deal. And according to Litvack, it turned out to be some ...
Google Dodged Antitrust Charges By Three Hours
ChannelWeb Complete Feed —
... . Writing on the Google Public Policy Blog David Drummond, senior vice president, corporate development and Chief Legal Officer at Google, expressed disappointment but concluded that moving forward was important for Google. "But we're not going to let the prospect of a lengthy legal battle distract us from our core mission. That would be like trying to drive down the road of innovation with the parking brake on," Drummond wrote. That blog post from Drummond was the official end of the Yahoo-Google advertising deal. And according to Litvack, it turned out to be some ...

![Yahoo’s Yang Has No Regrets — He Should [GigaOM]](http://images.dailyradar.com/media/uploads/tech/story_story/2008/11/06/yahoo_s_yang_has_no_regrets_he_should_gigaom.jpg)

