Yahoo, Google extend antitrust deadline

From CNET Yahoo and Google have extended the Wednesday deadline for antitrust regulators to issue a decision on whether to block the controversial search advertising deal to proceed, according to a source familiar with the talks.

And at this point, it remains to be seen whether a definitive decision to block, or allow the agreement with remedies as part of a settlement, will occur before the Thanksgiving holiday.

"Wouldn't it be nice to get it resolved, one way or another, before Thanksgiving?" said the source.

Previously, a deadline had been set for Wednesday for antitrust regulators to make a decision on whether to challenge the deal, or allow it proceed. That revised deadline was extended from October 8, in order to give regulators additional time to review the search advertising agreement.

Under the agreement, Yahoo's search result pages would also include ads from Google's advertisers. Yahoo previously noted it expects to generate $800 million in revenue in its first year from the non-exclusive deal and that Google's ads would likely appear on its search pages that have few to no ads from Yahoo advertisers.

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