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Google-Yahoo Put Partnership On Hold; Talks With DOJ ‘Continuing’

Yahoo (NSDQ: YHOO) and Google (NSDQ: GOOG) will suspend working together in order to give the Department of Justice more time to determine whether or not their ad search pact runs afoul of anti-trust laws AllThingsD reports, citing sources close to the situation. Yahoo spokesman Adam Grossberg confirmed that report for paidContent, saying, “The companies have agreed to a brief delay in implementing this agreement to continue our ongoing discussions with the Department of Justice. We have had discussions with regulators and look forward to responding to their questions about this agreement.”

Google issued a similar statement: “When we announced our advertising agreement with Yahoo! in June, we agreed to delay its implementation until October to give regulators time to look at the details. As we are still in conversation with the Department of Justice we have agreed to a brief delay in implementing the agreement while those discussions continue.”

Little choice but to delay: The deal was set to begin in the middle of this month, but with opposition mounting, the companies had little choice other than issuing a delay. On Thursday, Sen. Herb Kohl (D-Wisconsin), chair of the antitrust subcommittee, said that even if the DOJ does give Google-Yahoo the go ahead, the deal will still require close monitoring to ensure it doesn