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Google called off Yahoo deal as DOJ closed in
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Posted on
Dec 05 2008 6:20 AM
by
adeal
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Google Inc. called off its proposed search advertising deal with Yahoo Inc. just three hours before the U.S. Department of Justice was to file an antitrust complaint on Nov. 5 aimed at blocking it, according to the lawyer that the government hired to pursue the case. In an interview with the legal blog AMLaw Daily published Dec. 2, Sanford Litvack -- the attorney who would have been the lead counsel on the antitrust case -- said that Google and Yahoo decided to abandon the proposed deal shortly after DOJ officials informed them of the agency's plans to file the antitrust complaint.
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