The underdogs, Yahoo Inc. and Bill Gates’ Microsoft Corp. are combining forces to take away Google Inc.’s domination of the internet search market.
Regulators, The U.S. Justice Department are reviewing yahoo and bing’s proposed partnership, based on the premise that the online advertising market will suddenly become a lot more healthier with the merger. They have a point,
The merging companies have to compy with the Hart-Scott-Rodino Act, an antitrust law that governs mergers between friend and foe competitors.
For more on what jumping through the hoops in court means for Yahoo and Microsoft’s bing.com, go here. The process is expected to take at least ten years to close the gap on google. Good luck Billy Gates. A fair and competitive regulated system of fair trade is what is needed in all areas of internet based companies and business. You know it!