Google, Yahoo Seek DOJ Settlement Over Ad Pact

Law360 (October 14, 2008, 12:00 AM EDT) -- Internet giants Google Inc. and Yahoo Inc. are reportedly in discussions with the U.S. Department of Justice to fend off an antitrust challenge to the pair's planned advertising partnership.

The companies declined to comment on the details of their discussions with the DOJ, but the pair are said to be negotiating a settlement with the competition regulator, according to a report Tuesday in the Wall Street Journal, which cited unnamed lawyers familiar with the deal.

Yahoo said in a statement it had been cooperating with the...
To view the full article, register now.
Law360 Pro Say Podcast
Check out Law360's new podcast, Pro Say, which offers a weekly recap of both the biggest stories and hidden gems from the world of law.