Thompson Asks Probe Of Internet Deal
Rep. Mike Thompson has asked Attorney General Drew Edmondson to investigate the proposed Google-Yahoo! deal that would give Google control of over 90 percent of the search advertising market.
Thompson, R-Oklahoma City, said Oklahoma should add its name to the growing number of organizations and states that are investigating the deal. The transaction is currently being investigated by the Department of Justice and has been the subject of hearings in both the United States Senate and House. States as diverse as California, New York, Florida, and Connecticut are currently looking at the deal because of its monopolistic implications and impact on privacy. Last week the Association of National Advertisers, a major trade group that represents companies like Procter & Gamble and General Motors, sent a letter to the DOJ opposing the Google-Yahoo! deal.
Thompson, R-Oklahoma City, said Oklahoma should add its name to the growing number of organizations and states that are investigating the deal. The transaction is currently being investigated by the Department of Justice and has been the subject of hearings in both the United States Senate and House. States as diverse as California, New York, Florida, and Connecticut are currently looking at the deal because of its monopolistic implications and impact on privacy. Last week the Association of National Advertisers, a major trade group that represents companies like Procter & Gamble and General Motors, sent a letter to the DOJ opposing the Google-Yahoo! deal.
Labels: Google-Yahoo, Internet Advertising, Mike Thompson
posted by Mike McCarville @ 10:10 AM
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