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Gawker
  • Crime

    Google and Yahoo being investigated by Justice Department for antitrust violations

    By Jackson West, 5:40 PM on Wed Apr 23 2008, 759 views (Edit, to draft, Top, Slurp)

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    The Justice Department has begun an antitrust investigation into Yahoo's test of Google's search advertising technology according to an anonymous source cited by Reuters:

    The source, who spoke on condition of anonymity, said that some of the government's concern focused on a telephone call from Google Chief Executive Eric Schmidt to Yahoo Chief Executive Jerry Yang to offer help in thwarting Microsoft's $44.6 billion bid.
    Microsoft has to be giggling like The Joker if Schmidt's attempt at swooping in like Batman leads to a date with Gotham City D.A. Harvey Dent.

    More about Justice Department

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    Justice Department hires scary antitrust lawyer, Google shares drop 5 percent

    The Justice Department has hired famed antitrust lawyer Sanford Litvack out of a private practice and put him to work investigating Google. On the news and word that major advertisers also opposed Yahoo's deal to outsource search to Google, Google shares closed yesterday down 5.47 percent.

    Read More: Crime, Justice Department, Yahoo, Eric Schmidt, Google, Jerry Yang, Valleywag
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