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Apple and Google Board Links Draw Attention From F.T.C.
engine

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Msg#: 3907122 posted 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.

 

Syzygy

WebmasterWorld Senior Member 10+ Year Member



 
Msg#: 3907122 posted 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.

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...

Earlier they also pointed out that...

Antitrust experts say the provision against “interlocking directorates,” known as Section 8 of the act, is rarely enforced.

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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