DOJ probing advertising contracts for Yahoo-Microsoft search deal.
Domain Name Wire has learned that Yahoo! advertising partners have received a notice that the company will be providing copies of their advertising contracts to the Department of Justice. The disclosure of this information to the Department of Justice is in conjunction with the DOJ’s review of the Yahoo-Microsoft search deal.
The request by the DOJ is being made pursuant to the Hart-Scott-Rodino Act of 1976, which established the federal pre-merger notification program. Section 7A(h) of the act requires that the documents not be made public except in administrative or judicial actions made by the DOJ or Congress. As such, the contracts will not be made available to Microsoft.
If Yahoo later learns that the DOJ plans to make the documents public, it will notify its advertising partners in advance.
The Yahoo-Microsoft deal could be a boon to domainers, but the effects won’t be seen for at least another year or two.