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Report: Justice Probes Yahoo!-Google Deal

Stock quotes in this article: YHOO , GOOG , KO , PG , GM  

SAN FRANCISCO - The Justice Department has reportedly hired a top attorney to look more closely into a search deal between Yahoo!(YHOO Quote) and Google(GOOG Quote).

The two companies in June had voluntarily agreed to put the search deal on hold for three and a half months in order to give the Justice Department time to scrutinize it. And the Justice Department is apparently doing just that by hiring former Walt Disney vice chairman Sanford Litvack, according to the Wall Street Journal.

Litvack, who served as an antitrust chief under President Jimmy Carter, is supposedly examining evidence collected so far on the deal in preparation for a challenge if the Justice Department decides to move forward with one, according to the Journal. ...

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