Microsoft, Google, and Yahoo clashed Tuesday during a contentious Senate hearing that saw Yahoo and Google vigorously defend their ad partnership as healthy competition, while Yahoo slammed Microsoft's continued efforts to acquire Yahoo.
“This is a commercial arrangement between two companies who will remain autonomous and compete aggressively in search and display advertising, mobile, news, e-mail, finance you name it," Michael Callahan, Yahoo's general counsel, told the Senate Judiciary Subcommittee on Antitrust, Competition Policy and Consumer Rights. “Yahoo is here to stay and we intend to compete across countless platforms, including search, for years to come."
“Supplier arrangements are commonplace in many industries," said David Drummond, senior vice president of corporate development and chief legal officer at Google. “Canon supplies laser printer engines to Hewlett Packard, while also competing in the sale of laser printers."
Last month, Google announced a non-exclusive agreement with Yahoo that will allow the Internet company access to Google's AdSense for search and content advertising programs in the U.S. and Canada. Google stressed that the deal was not a merger, just a business partnership, but the deal has drawn scrutiny from lawmakers who want to make sure the arrangement does not run afoul of antitrust laws.
“This is a commercial arrangement between two companies who will remain autonomous and compete aggressively in search and display advertising, mobile, news, e-mail, finance you name it," Michael Callahan, Yahoo's general counsel, told the Senate Judiciary Subcommittee on Antitrust, Competition Policy and Consumer Rights. “Yahoo is here to stay and we intend to compete across countless platforms, including search, for years to come."
“Supplier arrangements are commonplace in many industries," said David Drummond, senior vice president of corporate development and chief legal officer at Google. “Canon supplies laser printer engines to Hewlett Packard, while also competing in the sale of laser printers."
Last month, Google announced a non-exclusive agreement with Yahoo that will allow the Internet company access to Google's AdSense for search and content advertising programs in the U.S. and Canada. Google stressed that the deal was not a merger, just a business partnership, but the deal has drawn scrutiny from lawmakers who want to make sure the arrangement does not run afoul of antitrust laws.
