Google & Yahoo In Talks with DOJ

Google and Yahoo are still working out their deal.

According to BizJournals...

Yahoo Inc. and Google Inc. are talking with the U.S. Department of Justice in hopes of protecting their proposed advertising agreement, according to a report Tuesday.

The Wall Street Journal reported that Sunnyvale-based Yahoo (NASDAQ:YHOO) and Mountain View-based Google (NASDAQ:GOOG) are still in early stages of negotiations with the DOJ.

Antitrust concerns have been raised about the proposed deal by advertising groups who say Google would gain too much of the online advertising space.

The Journal reported that both companies have talked about some concessions to allay concerns, including a cap on the volume of Google ads used by Yahoo.

In October the companies delayed their proposed deal in the face of heavy opposition from advertising groups in the U.S. and beyond.

At the time Yahoo said in a statement that the two companies "have had discussions with regulators and look forward to responding to their questions about this agreement."

Google added, "As we are still in conversation with the Department of Justice we have agreed to a brief delay in implementing the agreement while those discussions continue."

I like watching these big internet corporations do their thing in the modern business world.

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