| Apple and Google Board Links Draw Attention From F.T.C.
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engine
msg:3907124 | 2:36 pm on May 5, 2009 (gmt 0) |
Apple and Google Board Links Draw Attention From F.T.C. [nytimes.com] | Apple and Google share two directors, Eric E. Schmidt, chief executive of Google, and Arthur Levinson, former chief executive of Genentech. The Clayton Antitrust Act of 1914 prohibits a person’s presence on the board of two rival companies when it would reduce competition between them. The two companies increasingly compete in the cellphone and operating systems markets. |
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Syzygy
msg:3907451 | 10:28 pm on May 5, 2009 (gmt 0) |
| Some antitrust experts said they did not expect Google’s ties to the [Obama] administration to play a role in antitrust issues. |
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Que..? The same 'journalists' also state that: | It is not clear whether regulators have singled out any of these areas of competition as particularly troubling. Under the Clayton Act, interlocking directorates are not considered a problem... |
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Earlier they also pointed out that... | Antitrust experts say the provision against “interlocking directorates,” known as Section 8 of the act, is rarely enforced. |
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Increasingly it seems that 'no news' is, in today's gossipy climate, the best and sometimes biggest of news! Syzygy Sorry Neil - nowt personal!
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