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



2:36 pm on May 5, 2009 (gmt 0)

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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.


10:28 pm on May 5, 2009 (gmt 0)

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Some antitrust experts said they did not expect Google’s ties to the [Obama] administration to play a role in antitrust issues.


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!


Sorry Neil - nowt personal!


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