The Microsoft-Yahoo-Google tangle might end up making more money for the lawyers than it does for the investment bankers. It’s difficult to see any White Knights riding to Yahoo’s rescue, despite the rumours that have been swirling (As one tech banker says: "There’s one buyer, one target, and 300 investment bankers here all spinning their wheels.") But the regulatory morass should at least be good for the lawyers, and might well end up putting European competition commissioner Neelie Kroes in the hot seat.
Google and Microsoft have both started levelling anti-trust accusations, but what does all the mud-slinging add up to? These are the main issues at stake: Read more