Google and Yahoo decided to delay the advertising deal that they announced in July in order to give the regulators more time to look into the details.

It looks like the warnings that were given from Washington DC to Google (Mountain View) about breaking anti-trust regulations have an effect on the decisions by the two internet giants.

The deal was for Yahoo to display Google Ads (Adsense) on parts of the yahoo site and the intention was for this to start this month, until it was postponed by Google.

Google liked the deal a lot and made it very obvious through comments from chief executive Eric Schmidt recently. He stated that “Time is money in our business” while the official release from Google today states that “a brief delay” is going to be needed.

It’s going to be interesting to see what is going to be the effects from this this news on the internet giants financially.