Oh Snap! It seems like the shit may have hit the fan a bit for YSM / Overture today. Apparently there is a class action lawsuit that has been filled against Yahoo for participating in click fraud. I found the article in the Washington post by the way of webmaster world.
An interesting point in the article is that it seems like Yahoo would poor on the clicks when their quarterly reporting was due, which is a brilliant strategy by them…but shady as hell. It will be interesting to see how this pans out. Advertisers have been bitching for as long as I can remember about how crappy the traffic is from Yahoo and that it has only gotten worse as time goes on.
Numerous complaints about pay per click arbitrage as well as one page domain landers have been posted all up and down the overture forum at WMW. About a week or so some dude put out some 10 minute long video documenting how wrong all this stuff is…found here at youtube.com.
The funniest thing is that GrayWolf put out a how to article (actually a series) on how to do pay per click arbitrage on his blog in a three part series. I, II, III
So there you have both sides of the fence…those complaining about the practice, and those showing you how to do it. What are your thoughts on this whole mess? How do you think this will affect the future of the pay per click market and what do the engines need to do in order to stop this?