Google is mulling purchasing Yahoo and has contacted at least two venture capital firms to help buy the company's core business, according to a report.

Google and prospective partners have held discussions, but haven't put forth a formal proposal to buy the search giant, according to The Wall Street Journal, which cited "a person familiar with the matter."

As the story notes, any such deal is likely to raise red flags among antitrust regulators. Google's not the only one rumored to be interested in buying the troubled Yahoo. Microsoft, which has a 10-year search deal with Yahoo, is also said to be interested.

What do you think? Would this be good or bad for the Internet economy? Let us know in the comments.

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