Yahoo Japan: Google deal gets regulatory green light [reuters.com]
Japan's anti-monopoly watchdog gave the official go-ahead on Thursday to a search-engine alliance between Yahoo Japan Corp and Google Inc that had been questioned by competitors.
Yahoo Japan, the nation's top Internet portal, had said in July that it would adopt Google's search engine, giving the two firms control of almost all of the domestic search market.
The move had triggered criticism from rivals Microsoft and domestic online retailer Rakuten Inc, citing the risk of unfair competition.
The Fair Trade Commission blessed the alliance on Thursday, but said that it would continue to monitor the progress of the deal for any possible breaches of anti-monopoly laws. |
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