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Market Chatter: Google's Search Ad Partnership With Yahoo Under Scrutiny in Japan
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Market Chatter: Google's Search Ad Partnership With Yahoo Under Scrutiny in Japan
Apr 15, 2024 12:41 PM

03:11 PM EDT, 04/15/2024 (MT Newswires) -- Alphabet's (GOOG, GOOGL) Google ( GOOG ) is under investigation by the Japan Fair Trade Commission over alleged unfair restrictions on a search advertising partnership with Yahoo, Nikkei reported Monday.

Japan's antitrust watchdog is planning to compel Google ( GOOG ) to improve its business practices, according to the report, citing a person familiar with the situation. The company is believed to have already submitted an improvement plan, the report said.

The investigation also covers Google's ( GOOG ) search services, but the focus has been on its advertising business that is also being scrutinized by other countries, the report said.

Google ( GOOG ), Yahoo and the commission did not immediately reply to requests for comment from MT Newswires.

(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

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