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5 November
2003
Lycos
Dumps Overture and Files Lawsuit
Search portal Terra Lycos has dumped
Overture paid listings from their U.S. sites after a disagreement
over their contract, signed just 3 months ago.
Terra Lycos are apparently attempting
to resolve the dispute in court, having already filed a lawsuit against
the Yahoo-owned Overture, according to
CBS MarketWatch:
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"We understand a lawsuit has been filed by
Lycos, but we haven't yet been served," said Jennifer Stephens, a
spokeswoman at the Yahoo unit. "As a result, Lycos has removed
Overture's listings from its site. We do not believe that Lycos has the
right to take down our listings, and we're currently evaluating our
options."
Terra Lycos also confided to
MarketWatch that it had begun integrating Google results on its
U.S. properties last week, in lieu of Overture listings.
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"We switched over to Google late on Friday," said Kathy O'Reilly,
U.S. spokeswoman for a Terra Lycos.
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