Navigation


RSS: Latest News Feed



EU in informal talks on Microsoft, Yahoo deal-source

Sep 16, 2009 @ 01:15 AM, Sci/Tech, Jon Loades-carter, Elaine Hardcastle

Text Size: Make Text Size Smaller Make Text Size Bigger Reset
Email Friend
Print
Digg
Delicious
MySpace
Facebook
Twitter
Favorites
StumbleUpon

Google
Live

* U.S. regulators deepened review last week

* Microsoft, Commission not available for comment

* Antitrust experts expect close scrutiny, final okay

(Adds Microsoft, EU Commission not available to comment)

By Foo Yun Chee BRUSSELS, Sept 16 (Reuters) - European Union antitrust regulators are talking to Microsoft (MSFT.O) and Yahoo (YHOO.O) about their search engine deal according to a source familiar with the situation on Tuesday.

"There are ongoing informal discussions between the European Commission and Microsoft and Yahoo on their search engine partnership," the source said, without giving further details.

Microsoft and the Commission were not immediately available to comment. Microsoft and Yahoo struck their 10-year Web search deal in July, seeking to challenge market leader Google (GOOG.O).

Last week, U.S. antitrust authorities requested more documents from the companies, indicating the possibility of a months-long review. Both companies have said they do not expect an antitrust review to be completed until early 2010.

Antitrust experts in general expect regulators to scrutinise the deal closely but ultimately to clear it.

Microsoft has expressed confidence that it can persuade regulators that a stronger rival for Google is in the best interests of the market.

With 65 percent of searches, Google is the No. 1 search engine, followed by Yahoo with about 19 percent and Microsoft with around 9 percent.

(Editing by Jon Loades-Carter and Elaine Hardcastle)

((foo.yunchee@thomsonreuters.com; tel +32 2 287 6844; Reuters Messaging: foo.yunchee.reuters.com@reuters.net)) Keywords: MICROSOFT YAHOO/EU

(C) Reuters 2009. All rights reserved. Republication or redistribution ofReuters content, including by caching, framing or similar means, is expresslyprohibited without the prior written consent of Reuters. Reuters and the Reuterssphere logo are registered trademarks and trademarks of the Reuters group ofcompanies around the world.nLG493096

Source: Reuters


Bookmark and Share
« Back to Sci/Tech News

Related News

  • EU in informal talks on Microsoft, Yahoo deal-source Sep 16, 2009 @ 01:15 AM

    By Foo Yun Chee BRUSSELS, Sept 16 (Reuters) - European Union antitrust regulators are talking to Microsoft (MSFT.O) and Yahoo (YHOO.O) about their search engine deal according to a source familiar with the situation on Tuesday.


  • Microsoft, Yahoo agree on ad partnership - source Sep 16, 2009 @ 01:15 AM

    * Yahoo, Microsoft shares higher after-hours (Adds analyst quotes, paragraphs 9-11)


  • Yahoo board member Icahn wants Microsoft deal Sep 16, 2009 @ 01:15 AM

    SAN FRANCISCO/SEATTLE, July 17 (Reuters) - Activistinvestor Carl Icahn spoke out in favor of a search deal betweenYahoo Inc (YHOO.O) and Microsoft Corp (MSFT.O), as talksbetween the two companies appeared to regain momentum.


  • Yahoo board member Icahn wants Microsoft deal Sep 16, 2009 @ 01:15 AM

    SAN FRANCISCO/SEATTLE, July 17 (Reuters) - Activistinvestor Carl Icahn spoke out in favor of a search deal betweenYahoo Inc (YHOO.O) and Microsoft Corp (MSFT.O), as talksbetween the two companies appeared to regain momentum.


  • EU finally about to settle Microsoft browser case Sep 16, 2009 @ 01:15 AM

    Steve_Ballmer_CEO_of_US_computer_software_company_Microsoft_follows_a_news_conference_in_Munich_southern_Germany_Wednesday_Oct_7_2009_Ballmer_talked_about_the_upcoming_launch_of_the_new_Windows_7_computer_operating_system_AP_PhotoMatthias_Schrader

    REDMOND, Wash. — Microsoft Corp., which has already shelled out $2.5 billion in antitrust fines in Europe, is on the brink of closing a chapter in its long-running battle with regulators there, just in time for another to begin.