It is interesting to look at the monetary values of Google and Baidu in the two days since this was announced. It seems that after an initial ~2% dip, Google has returned to its pre-announcement value, while the value of Baidu has risen almost 20%. While one would expect the change in Baidu to be comparatively higher due to the relative difference in market caps (187B vs 16B), it still seems that on the stock market, this is currently being viewed as a net win for everyone. Interesting.