Schmidt: Yahoo search deal takes effect in October
In June, Google said the U.S. Department of Justice could take three and half months to investigate its search marketing deal with Yahoo. Time is almost up, Google CEO Eric Schmidt yesterday told Bloomberg TV, saying that Google has decided the agreement will proceed by early October. "We are going to move forward,'' said Schmidt.
We are in the process of talking to the government. They've not indicated one way or the other how they're dealing with us. We always worry a little bit, but we think our arguments are pretty strong. Yahoo has made it very, very clear they're going to take the best parts of their network and ours and combine them.'