Report: EU to approve Microsoft-Yahoo search deal
C|Net | at | by Mike
Microsoft and Yahoo appear to have cleared one hurdle in getting their search outsourcing deal approved, according to a report.
The European Commission plans to approve the deal between Microsoft and Yahoo to install Microsoft as the exclusive provider of search technology on Yahoo's network of sites, according to Reuters. It's not that surprising, since Microsoft and Yahoo's combined share on a global basis is minuscule, but is still an important formality for the deal.
Microsoft declined to comment on the report. A representative from Yahoo did not immediately respond to a request for comment.