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Google leaps into the Yahoo fray

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Google is getting all hot under the collar at the news that Microsoft is attempting a $44,6-billion takeover of ailing rival Yahoo – offering to help Yahoo fend off the bid, while warning that, if it's successful, it could threaten the openness of the Internet. 

David Drummond, corporate vice-president: corporate development at Google is reported as saying that Microsoft's hostile bid for Yahoo raises troubling questions.
"Could Microsoft now attempt to exert the same sort of inapproprate and illegal influence over the Internet that it did with the PC?" he asks.
"While the Internet rewards competitive innovation, Microsoft has frequently sought to establish proprietary monopolies – and then leverage its dominance into new, adjacent markets."
Microsoft has responded that it would, in fact, make the market more open by offering meaningful competition to Google.
Yahoo has been through some troubling times lately and last week announced it would lay off about 1 000 workers.
An alliance with Microsoft would boost its competitiveness and give Google much more of a run for its money.
Meanwhile – although Yahoo has still not responded to the offer, which represents a premium of 62% on its market value – Google president Eric Schmidt has offered to help the rival search company to fight off the Microsoft offer.