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Contact: Abigail Shilling
(202) 225-7761
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Reichert Statement on Google-Yahoo Agreement
Washington, D.C.,
Jun 13, 2008 -
Congressman Dave Reichert (WA-08) released the following statement on an internet search-advertising partnership between Google and Yahoo, reached Thursday night:
“The test of any business deal between two companies is whether it will promote or restrict competition. In the case of the deal announced today between Google and Yahoo we see the dominant, number one competitor in the online advertising market teaming up with its number two competitor, consolidating 90% market share in Google’s hands. It doesn’t take an antitrust attorney to see that this doesn’t pass a competition test. It’s bad for everyone who values choice and innovation on the Internet, especially advertisers, publishers and consumers, and I call on my congressional colleagues and the Department of Justice to give it all the critical scrutiny it deserves before rejecting it.”
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