Friday, July 11, 2008

FT.com / Companies / US & Canada - Google says independent Yahoo better for all

Another leading indicator that the Microsoft/Yahoo! context is getting serious again...

Eric Schmidt, the chief executive of Google, has waded into the debate about Microsoft’s pursuit of Yahoo, saying the world would be “better off” if the group were to remain independent.

Mr Schmidt, who was speaking to reporters at the annual Allen & Co media conference in Sun Valley, said an independent Yahoo would mean “more competition ... in search, and more competition in the other advertising markets where Yahoo is a leader”.

He alleged the Microsoft bid for Yahoo was bad for competition.

FT.com / Companies / US & Canada - Google says independent Yahoo better for all

Post a Comment