Wednesday, December 3, 2008
Congratulations Google, You’re the New Microsoft
“Google abandoned [its deal with Yahoo] not because pressing ahead with it ‘risked’ a protracted legal battle, but because it guaranteed one.” I wrote that on Nov. 6, following the official dissolution of Google’s proposed advertising partnership with Yahoo. Turns out the guarantee to which I referred was an ironclad one. Sanford Litvack, the attorney who would have been lead counsel in the event of a government antitrust case against Google, tells American Lawyer Daily that the Department of Justice was literally hours away from suing the company when it bailed on the deal.
