Monday, February 4, 2008

Yahoo bid 'should get approval'

"Analyst Evan Stewart of Zuckerman Spaeder said regulators on both sides of the Atlantic would likely approve any successful Microsoft bid for Yahoo, because Google is currently so dominant in the internet search engine market.

"At the end of the day, it's hard to see how regulators could reject this," said Mr Stewart.

Fellow analyst William Mahnic of Case Western University agreed.

"The big thing here is that Google has such a huge share," he said.

Yahoo said its board was evaluating Microsoft's approach "carefully and promptly".

Both it and Microsoft have been struggling to compete with Google."


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