Yahoo opposed Google/DoubleClick Deal a few months ago: Tales of corporate turn-around

via Paidcontent.org. October 15, 2007:

“Yahoo (NSDQ: YHOO) has made its first public comments on the European Commission’s review of Google’s (NSDQ: GOOG) $3.1 billion purchase of DoubleClick, and, as you can probably guess, its take is pretty negative. In a submission to the Commission, Yahoo says the purchase, if approved, will mean higher prices for online display ads and less competition in the digital publishing sector. Andrew Cecil, public policy head for Yahoo Europe: “Combining Google’s search business with Doubleclick’s ad technology will strengthen Google’s dominant position in Europe. The competitive landscape for online advertising will be negatively impacted.”

and via Search Engine Watch: “Meanwhile in Europe Yahoo is heading the push with the EU. Yahoo has longer online advertising standing in Europe.
“Combining Google’s search business with DoubleClick’s ad technology will strengthen Google’s dominant position in Europe,” Andrew Cecil, head of public policy for Yahoo! Europe, said in an e-mailed statement today, Bloomberg reported. “The end result will be higher prices for Internet publishers and advertisers and less choice for European consumers.”

Author: jeff

Jeff Chester is executive director of the Center for Digital Democracy. A former journalist and filmmaker, Jeff's book on U.S. electronic media politics, entitled "Digital Destiny: New Media and the Future of Democracy" was published by The New Press in January 2007. He is now working on a new book about interactive advertising and the public interest.

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