The Microsoft and Yahoo, is the liquidation of the regulators in Washington and Europe an opportunity to go in search of partnerships to challenge Google Inc
The companies announced Thursday that the partnership has no restrictions approved by the Ministry of Justice and the European Commission.
According to the 10-year contract to manage the Microsoft Bing and managing applications for research related to advertising on Yahoo. Yahoo should take 88 percent of revenue from ads next to search results on their sites generate place.
The companies said they have started to complete the transaction within the next few days, due to the relocation of the Yahoo search platform from Microsoft. They hope to move more advertisers and publishers before the holiday season of 2010, but may wait until 2011, when necessary, and should have completed the process by early 2012.
The agreement was reached after the Justice Department announced that it plans to fight in 2008, the group on Yahoo by searching on Google. The refusal has led Yahoo to Microsoft, which had previously proposed purchase of Yahoo as a whole for.
A statement by the European Commission said Microsoft-Yahoo partnership would not significantly impede effective competition.
