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Chinese Government May Be Concerned About Microsoft’s Takeover of Yahoo
By xaby | February 19, 2008
An interesting report from Reuters/ eWeek suggests
the Chinese Government may be concerned about Microsoft, a firm that uses “monopolistic tactics” buying Yahoo, which will mean Microsoft will become the biggest shareholder in Alibaba, one of China’s biggest internet firms.According to the report Alibaba “will seek a stronger voice for its management team in Microsoft’s talks to acquire Yahoo.”
Although Alibaba has Yahoo as its biggest shareholder, the firm is run locally by founder Jack Ma, who maintains effective control over the business, although Jerry Yang sits on the board.
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