Never mind that the Google-Yahoo search revenue sharing partnership is limited to advertising on Yahoo's U.S. and Canadian websites -- Europeans regulators are weighing in on the matter.
The European Union’s antitrust body is investigating the partnership. This is in addition to the Justice Department’s ongoing probe into the matter and previously-reported objections to the deal from U.S. advertisers and an international newspaper trade group.
Reuters spoke with Jonathan Todd, a spokesman for European Competition Commissioner Neelie Kroes, who said:
Yahoo and Google are cooperating with the European investigation. Companies found to breach the EU's competition rules can face fines of up to 10 percent of their global revenues.
