F My Life: It's Funny, It's True, Except When It Happens to You
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As it turns out, when Google pulled out of its deal with Yahoo at the last minute, it was because they were apparently three hours away from being declared a monopoly.
According to TechCrunch, the Department of Justice was only three hours away from filing an antitrust lawsuit to block the deal.
We were going to file the complaint at a certain time during the day. We told them we were going to file the complaint at that time of day. Three hours before, they told us they were abandoning the agreement.
. . . It would have ended up also alleging that Google had a monopoly and that [the advertising pact] would have furthered their monopoly.
Looks like Google is now on notice that the Department of Justice considers it a near-monopoly, and will treat it as such if need be.
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