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California likes Google and Yahoo deal
Leaders tell regulators to leave the two alone
Eleven California state political leaders have written to U.S. regulators asking them to leave proposed online advertising tie-up between Google and Yahoo alone.
The politicians are from the state where both the Internet titans are based. They wrote a letter warning U.S. Attorney Michael Mukasey that Internet market growth and innovation "could be stifled" by blocking the Google-Yahoo alliance.
They said they were deeply concerned that the Department of Justice may be considering a preemptive lawsuit to block Yahoo's non-exclusive online advertising agreement with Google.
The letter said that if such action were taken, the “unprecedented suit could detrimentally affect the online advertising market and e-commerce."