Antitrust senator watching Yahoo/Google link

WASHINGTON Wed Apr 9, 2008 5:04pm EDT

WASHINGTON (Reuters) - A U.S. senator who heads an antitrust subcommittee said on Wednesday that he was watching Yahoo Inc's test tie-up with Google closely "to ensure that it does not harm competition."

Yahoo said on Wednesday it would carry Web search advertising from Google in a test that could put pressure on Microsoft Corp to raise its bid to buy the company.

"We will be following closely the results of the short-term test alliance between Yahoo! and Google," Sen. Herb Kohl, a Wisconsin Democrat, said in a statement. "Should there be moves to make this agreement permanent, we will examine it closely in the Antitrust Subcommittee to ensure that it does not harm competition."

(Reporting by Diane Bartz)


After wave of QE, onus shifts to leaders to boost economy

DAVOS, Switzerland - Central banks have done their best to rescue the world economy by printing money and politicians must now act fast to enact structural reforms and pro-investment policies to boost growth, central bankers said on Saturday.