Newspapers say Google, Yahoo tie hurts competition http://news.yahoo.com/story//nm/20080915/tc_nm/yahoo_google_newspapers_dc_2
WASHINGTON (Reuters) – A deal by Google Inc (GOOG .O) and Yahoo Inc (YHOO .O) to share some advertising revenue will mean less money for newspapers and weaken Yahoo in the long run, the World Association of Newspapers said on Monday. The group, which represents 18,000 publications worldwide, criticized a deal struck in June in which Google will supply Yahoo with advertising services to run alongside Yahoo's own Web search system. Together the two companies have more than 80 percent of the search market. "Competition between both these two search companies has provided a necessary check to any potential market abuses, and has helped to ensure that publishers and content generators are capable of earning an equitable and fair return on their content," the group said in a statement. "W.A.N. strenuously opposes Google's attempt to take over a portion of Yahoo's content advertising and syndicated search business," the newspaper group said. The newspaper association expressed concern the deal was announced as publishers battled Google over copyright issues. ******************************* * POST TO [EMAIL PROTECTED] * ******************************* Medianews mailing list [EMAIL PROTECTED] http://lists.etskywarn.net/mailman/listinfo/medianews
