Open

Coming up

Don't miss

Replay


LATEST SHOWS

WEB NEWS

Trash collection goes high tech

Read more

WEB NEWS

Web users react to escalating violence in Gaza

Read more

FASHION

Paris, Haute Couture Fall/Winter 2014-2015.

Read more

REPORTERS

Exclusive: an unlikely victim of the 'War on Terror'

Read more

AFRICA NEWS

2014-07-11 21:47 AFRICA NEWS

Read more

MEDIAWATCH

Finally, a good use for new app "Yo"

Read more

THE WORLD THIS WEEK

The World This Week - 11 July 2014 (part 2)

Read more

THE WORLD THIS WEEK

The World This Week - 11 July 2014

Read more

#THE 51%

Sweden: A Feminist's Paradise?

Read more

  • Germany defeat Argentina 1-0 to win World Cup

    Read more

  • Thousands flee northern Gaza after Israeli warning

    Read more

  • Clashes erupt in Paris as thousands march to support Palestinians

    Read more

  • Major differences remain as deadline looms in Iran nuclear talks

    Read more

  • Paris’s Bastille Day fireworks ‘a homage to victims’ of WWI

    Read more

  • Rival Libyan militias exchange heavy fire at Tripoli airport

    Read more

  • French military to extend Mali 'counterterrorism' operations into Sahel

    Read more

  • Legendary conductor Lorin Maazel dies aged 84

    Read more

  • Germany’s Tony Martin wins ninth stage of Tour de France

    Read more

  • Boko Haram claims Nigeria attacks and supports Iraqi militants

    Read more

  • French court lifts mayor’s ban on Muslim hijab at beach

    Read more

  • Shells land in Russia as eastern Ukrainians flee fighting

    Read more

  • Iraqi parliament fails to agree on new leadership

    Read more

  • Afghan presidential candidates agree to full vote audit, Kerry says

    Read more

EU to investigate Yahoo-Google deal

©

Latest update : 2008-09-17

A proposed online-advertising deal between Internet giants Yahoo and Google is to be scrutinised by EU competition regulators. The World Association of Newspapers has already denounced what it calls an anti-competitive agreement.

The EU's top competition regulator has opened an investigation into a proposed online advertising tie-up between Internet giants Google and Yahoo, a spokesman said Tuesday.

"This is an agreement between two of the major players on the Internet; clearly we are being prudent" in opening the probe, said Jonathan Todd, spokesman for EU Competition Commissioner Neelie Kroes.

"We don't know whether there is a problem; we are looking at it in case there is," he said of the preliminary investigation which was launched in July.

"We are looking at whether the merger may have some anti-competitive effects in the European area," he added.

Google and Yahoo say the deal is limited to Web properties in the United States and Canada but Google has said there is potential to extend it to other parts of the world.

The World Association of Newspapers (WAN) is asking competition authorities in both North America and Europe to block the advertising deal on anti-competitive grounds.

The Paris-based association said the deal "would have a negative impact on the advertising revenues that the search giants provide to newspaper and other Web sites, and on the cost of paid search advertising.

"WAN believes that the competition that currently exists between Google and Yahoo is absolutely essential to ensuring that our member titles receive competitive returns for online advertising on their sites, and for obtaining competitive prices when they purchase paid search advertising," it said in a statement.

EU commission spokesman Todd said "we are receiving cooperation from both companies" in the Brussels probe.

The enquiry is similar to one which the US Department of Justice launched in July to ascertain whether the deal would stifle competition.

Companies found to be in breach of EU competition rules may face fines equalling up to 10 percent of their revenues.

Date created : 2008-09-16

Comments

COMMENT(S)