Sunday, February 14, 2010

EU to approve Yahoo/Microsoft search deal

13 February 2010 23:41 by Andre "DVDBack23" Yoskowitz

EU to
 approve Yahoo/Microsoft search deal The EU is expected to approve the search deal between Yahoo and Microsoft, says Reuters, with the 10-year partnership going into effect soon after approval.

The European Commission has until February 19th to approve or block the deal.

"I expect clearance without any concessions next Friday," says the insider source.

The partnership is expected to help both Bing and Yahoo take some market share from Google in the search engine market, although Google has an estimated 90 percent of global share compared to 7.4 percent for Bing and Yahoo combined.

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