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Congress to look at Microsoft’s Yahoo bid

Microsoft’s multi-billion dollar bid could face regulatory oppostion. House Judiciary Chairman John Conyers says the proposed deal raises competitive issues.

According to InformationWeek, the Judiciary Committee’s Task Force on Antitrust and Competition Policy will examine the proposed deal at a hearing scheduled for Friday. Experts are expected to weigh in “on whether this proposed consolidation works to further or undermine the fundamental principles of a competitive Internet.”

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