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Google-Justice Department showdown over Yahoo averted with only 3 hours to go
SFGate: The Technology Chronicles —
... its proposed advertising partnership with Yahoo last month only three hours before the Justice Department planned to file a lawsuit to block the deal. That's how close Google came to labeled a monopoly by federal regulators, who concluded that a partnership between the No. 1 and No. 2 search engines - which control 90 percent of U.S. search advertising - would harm competition. The revelation came in an article published Tuesday in American Lawyer Daily, which interviewed Sanford Litvack, an attorny brought on by the government from private practice for the case and who ...
The Real Reason Google Walked Away From Yahoo Search Deal (GOOG)
Silicon Alley Insider —
... AmLaw: "We were going to file the complaint at a certain time during the day," says [Sandy Litvack, the bulldog litigator who the goverment brought in to handle the case]. "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."... ...
DOJ Hound Wanted To Sink Teeth Into GOOG, YHOO Deal
paidContent —
... ) die. Sanford Litvack, a lawyer the Department of Justice hired specifically to examine the deal, was hungry for the chance to take the two giants on in court. "Of course I was looking forward to it. We felt pretty good about it, we felt pretty confident," Litvack said, in an interview with The Am Law Daily. He revealed that the companies ...
Congratulations Google, You’re the New Microsoft
Digital Daily —
... , following the official dissolution of Google’s (GOOG) proposed advertising partnership with Yahoo (YHOO). Turns out the guarantee to which I referred was of the ironclad sort. Sanford Litvack, the attorney who would have been lead counsel an a government antitrust case against Google tells American Lawyer Daily that the Dept. of Justice was literally hours away from suing the company when it bailed on the deal. “We were going to file the complaint at a certain time during the day,” he explains. “We told them we were going to file the complaint at that time ...
Why Google is Just One Deal Away from Being Labeled a Monopoly
Andy Beal's Marketing Pilgrim —
Back in July I suggested that, despite Google’s attempts to prove a Yahoo deal would not create a monopoly, the perception of a monopoly would likely scuttle the deal.
Today, we learn that the Department of Justice was just 3 hours away from filing antitrust charges against Google:
“We were going to file the complaint at a certain time during the day,” says Litvack, who rejoins Hogan & Hartson today. “We told them we were going to file the complaint at that time of day. Three hours before, they told us ...
Did Google Barely Escape Antitrust Charges?
WebProNews Feed —
... ...by a few hours? As you're no doubt aware, Google and Yahoo had a search advertising deal going earlier this year, but turbulence from possible-antitrust complaints and Department of Justice scrutiny ultimately led to Google backing out of the deal. Some interesting information is being reported now though. Nate Raymond at AMLaw Daily says that Google called off the deal only three hours before the DoJ intended to actually file antitrust charges. This information comes from the lawyer, Sanford "Sandy" Litvack, who would have been the government's lead counsel. "We were ...
News Bits: DOJ Lawyer Spills Details on Google/Yahoo Case
Contentinople: —
... (Nasdaq: YHOO), only to have them back down without a fight. Bummer . "Of course I was looking forward to it," he said in an interview with ...
Google Dodged Antitrust Charges By Three Hours
ChannelWeb Complete Feed —
... almost immediately after it was announced. But Wednesday Sanford Litvack, a consultant for the Department of Justice's antitrust division, confirmed that Google pulled the plug on the proposed ad deal a scant three hours before the Department of Justice was going to file a claim. Speaking to the AM LawDaily , Litvack confirmed that the Department of Justice was preparing to pursue legal action against Google. "We were going to file the complaint at a certain time during the day," Litvack said. "We told them we were going to file the complaint at that time of day. Three ...
Google Dodged Antitrust Charges By Three Hours
The Channel Wire —
... almost immediately after it was announced. But Wednesday Sanford Litvack, a consultant for the Department of Justice's antitrust division, confirmed that Google pulled the plug on the proposed ad deal a scant three hours before the Department of Justice was going to file a claim. Speaking to the AM LawDaily , Litvack confirmed that the Department of Justice was preparing to pursue legal action against Google. "We were going to file the complaint at a certain time during the day," Litvack said. "We told them we were going to file the complaint at that time of day. Three ...
DOJ Ace: Google Dodged Monopoly Lawsuit By Three Hours
Tech Observer —
... "We were going to file the complaint at a certain time during the day," Sandy Litvack told AmLawDaily, a legal blog produced by the American Lawyer magazine. "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." ...
DOJ Was Rarin' to Sue as Google Scuttled Yahoo Deal
ClickZ News Blog —
... About three hours close, according to an Am Law Daily interview with Sanford Litvack, the bulldog litigator hired by the DOJ to investigate the outsourcing agreement. ...
DOJ Ace: Google Dodged Monopoly Lawsuit By 3 Hours
Wired: Epicenter —
... "We were going to file the complaint at a certain time during the day," Sandy Litvack told AmLawDaily, a legal blog produced by the American Lawyer
magazine. "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." ...
Well, That Says It All
John Battelle's Searchblog —
From American Lawyer:
Google Inc. and Yahoo! Inc. called off their joint advertising agreement just three hours before the Department of Justice planned to file antitrust charges to block the pact, according to the lawyer who would have been lead counsel for the government.
...
Feds checking out Google Books deal
GMSV —
... this content,” he said. “We would like the court to say: ‘This is fine theoretically, but these orphan books, they don’t have anyone to speak for them, so let’s take them out of the agreement.’” The next court hearing on the settlement terms isn’t until October, and by then we may get a better feel for the Justice Department’s level of interest. But Google already has some experience playing hardball with the feds, dropping its bid for a search advertising deal with Yahoo just three hours ahead of an antitrust suit . ...
