Yahoo Japan/Google alliance gets regulatory thumbs up

2 Dec 2010

Japan’s anti-monopoly watchdog, the Fair Trade Commission, has officially approved an alliance between search engines Yahoo Japan Corp and Google Inc, having reviewed concerns raised by competitors over the tie-up. In July this year Yahoo Japan, the nation’s leading domestic internet portal, revealed it was looking to adopt Google, theoretically giving the pair virtual control of the entire domestic search market. However, the announcement sparked immediate criticism from Microsoft and Japanese online retailer Rakuten, which argued the move was a bar to competition. In rubber-stamping the deal the Fair Trade Commission said it would continue to monitor the situation for any possible breaches of anti-monopoly laws.