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+-   Google Negotiating with Justice Department on Tuesday October 14 2008, @10:58PM mikesd81

Submitted by mikesd81 on Tuesday October 14 2008, @10:58PM
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mikesd81 writes "Cnet reports that to avoid being sued by the U.S. Justice Department, Google is negotiating with them. The Justice Department and a multistate task force are still reviewing the proposal to decide whether to oppose the partnership. Under the non-exclusive partnership Google would supply Yahoo with some search ads, a move that could increase Yahoo search revenue but that also gives Google even more power in the market. Yahoo expects the 10-year deal to raise revenue by $800 million in its first year and to provide an extra $250 million to $450 million in incremental operating cash flow. Google's share of the U.S. search market reached 71 percent in August, compared with Yahoo's 18.26, according to Hitwise's most recent numbers."
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