Microsoft’s Bing okayed to power Yahoo!7 Search
The Australian Competition & Consumer Commission has given Microsoft the green light to integrate Yahoo!7 Search into its Bing search engine.
The deal, which will last for 10 years, will also see Yahoo exclusively handle sales for both companies’ premium search advertisers around the world.
In its assessment, the ACCC said “the proposed agreement was unlikely to result in a substantial lessening of competition in the relevant markets”.
Microsoft and Yahoo already have an existing relationship in Australia, with the former utilising the latter’s paid search platform through their respective subsidiaries Ninemsn and Yahoo!7.