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