Microhoo? Kohl Might Investigate
February 1, 2008
| 12:01 PM
From CongressDaily's 11:30 Extra:
Microsoft Corp. took one more step toward the day when we'll all work for Bill Gates today, announcing a $44.6 billion takeover bid of Yahoo. The merger, certain to be examined by Congress, would position Microsoft to challenge Google's domination of the online search and advertising markets. Senate Judiciary Antitrust Subcommittee Chairman Herb Kohl, D-Wis., said he expects to hold hearings if the deal progresses. "We will need to scrutinize the deal carefully" to protect competitiveness and the privacy rights of Internet users, he said. Read more in CongressDaily's PM Edition.
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