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US FTC To Investigate Google Apple Board Relationship

     
8:04 am on Aug 4, 2009 (gmt 0)

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US FTC To Investigate Google Apple Board Relationship [uk.reuters.com]
The U.S. Federal Trade Commission said it will continue to investigate the relationship between the boards of Apple Inc and Google Inc, after Google's chief quit Apple's board on Monday.
Richard Feinstein, director of the FTC's bureau of competition, commended both companies for recognizing that sharing directors raises competitive issues, in light of the resignation of Google Chief Executive Eric Schmidt from Apple's board.

Feinstein said regulators have been investigating the Google-Apple tie for "some time," even as the two companies increasingly compete with each other in markets such as smartphones and operating systems.

Earlier story
Google's CEO Eric Schmidt Resigns From Apple Board [webmasterworld.com]

10:41 am on Aug 4, 2009 (gmt 0)

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Good, I have been calling for this for years now and everyone told me I was either wrong, crazy, stupid, or that this simply didn't matter. It does, big time.
10:47 am on Aug 4, 2009 (gmt 0)

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Let the investigation run. I doubt there has been collusion- merely a leak of know-how from Apple to Google. I'm only suprised Apple didn't chuck him out sooner.

Incidentally, is this really a Foo thread? I notice we don't have a Apple Corporate forum, but surely it would fit into GOOG : Google Finance and Business Operations?

 

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