shorebreak - 1:35 pm on Jun 19, 2007 (gmt 0)

Our firm manages < a lot of PPC >, and our AdWords data models are showing a 3-4% decline in Google retail CPC's. Don't expect that to last long, however, as advertisers will quickly pick up EBay's slack. My estimate is that Google sees at most a 0.25-0.5% decline in revs this quarter as a result, and no more.

The whole thing is overblown - there will be no effect on Google.

-Shorebreak

[edited by: tedster at 2:38 am (utc) on June 20, 2007]