Yahoo! Inc / Overture Services Inc

OFT closed case: Anticipated acquisition by Yahoo! Inc of Overture Services Inc.

From:
Competition and Markets Authority
Published
23 October 2003
Case type:
Mergers
Case state:
Closed
Market sector:
Communications
Outcome:
Mergers - phase 1 found not to qualify
Closed:
23 October 2003

Affected market: Supply of internet portals, sponsored internet search services and algorithmic search engines

No. ME/1390/03

On the basis of the information available to it, the OFT has decided that the anticipated acquisition by Yahoo! Inc. of Overture Services Inc. does not qualify for investigation under the mergers provisions of the Enterprise Act 2002, because neither the UK turnover test nor the share of supply test in section 23 of the Act is met. A relevant merger situation has, therefore, not been created.

Published 23 October 2003