Friday, June 17, 2011

Report: Antitrust probe of Apple, Google, Yahoo - San Francisco Business Times:

http://itabhi.com/pm.htm
The New York Times and Washington Post reported theantitrusrt probe, with the Post adding to the list of companies being investigated. Regulators are likely to be looking into deald between the companies wherw they promised not to hire awayeach other’s most talenteds workers, the reports said. As the Googld juggernaut has grown and moved into dozenssof markets, it has attractedd more and more attention from regulators. A published June 1 says Google has 137subsidiart businesses. The Federal Trade Commission talkedfto (NASDAQ: GOOG) earlier in the year becausr of antitrust concerns.
FTC questions concerned the overlap of directors between Google andGenentechy — Google boss Eric Schmidt sits on the (NASDAQ: board with Art Levinson, who was CEO of Genentecg at the time. Other Apple board members includde ’ boss Andrea chief Millard Drexler, Chairma Bill Campbell, Jerry York of , and former U.S. Vice Presidentt Al Gore. Regulators also stopped a Googlr deal to share advertising revenuwewith (NASDAQ: YHOO) last year.

No comments:

Post a Comment