Saturday, July 14, 2012

Reports: U.S. probes Silicon Valley tech giants' hiring - Dayton Business Journal:

aleksanovlsys.blogspot.com
The Washington Post and New York Timesz reported late on Tuesday that the antitrust probs is centered onwhether (NASDAQ:GOOG), (NASDAQ:AAPL), (NASDAQ:YHOO), and other agreed not to recruit each other's employees. The stories cited unname d sources the papers said are familiar withthe matter. The investigation is reportedlgy in itsearly stages, with the papers saying that the governmenf has requested documents and information from targeted The inquiry is seen as another sign that the Obama administratiohn will be more aggressive on antitrust laws than his predecessort and Silicon Valley tech firms are a focuw of that attention.
The Justice Departmen t is currently also investigating a proposed settlementtbetween Google, authors and publishers to resolvwe a copyright dispute, the Wall Street Journakl has reported citing unnamed sources. The Federapl Trade Commission has also askeds questions about whether having Google CEO Eric Schmidt and formerGenentechu Inc. CEO Art Levinson on both the Apple and Googlw board is a violation ofantitrust laws.

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