Report: EU investigating Google-Yahoo ad deal
Updated 3:15 p.m. PDT with newspaper group opposing the deal.
Antitrust regulators in Europe are following in the footsteps of their U.S. counterparts and looking into a proposed advertising deal between Google and Yahoo, Reuters reported on Monday.
The European Competition Commission decided in mid-July to open a preliminary investigation into the deal's potential effects on competition in the European market, Jonathan Todd, a spokesman for European Competition Commissioner Neelie Kroes, told Reuters.
Under the agreement signed in June, Google will provide Yahoo with ads that will run on Yahoo's search site.
Meanwhile, sources say U.S. officials are debating … Read more