diTii.com Digital News Hub

Sign up with your email address to be the first to know about latest news and more.

I agree to have my personal information transfered to MailChimp (more information)

May052009

Google and Apple faces investigation for Anti-Trust collusion

The FTC has opened an investigation into whether the close ties between Apple (AAPL) and Google (GOOG) constitute a violation of anti-trust laws. The companies share a director, Arthur Levinson, the former CEO of Genentech, but it is likely Eric Schmidt’s presence on Apple’s board that is raising the FTC’s hackles. The NYT: 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.

More infoSilicon Alley Insider

Share This Story, Choose Your Platform!

Do NOT follow this link or you will be banned from the site!