Yahoo admits anticompetitive partnership?
July 17, 2008
On June 8, we met with Yahoo in San Jose, and Jerry Yang, the CEO of Yahoo, looked across he table, looked us in the eye and said, “Look, the search market today is basically a bipolar market.” He said, “On one pole there’s Google, and on the other pole there are Yahoo and Microsoft both competing with Google.” He said, “If we do this deal with Google, Yahoo will become part of Google’s pole.” And Microsoft, he said, would not be strong enough in this market to be a pole of its own.
- Microsoft general counsel Brad Smith in a hearing with the Senate antitrust committee
(LA Times “Microsoft: Yahoo’s Yang admitted a Google ad deal would hurt competition”)
