Thursday, July 19, 2012

Reports: U.S. probes Silicon Valley tech giants' hiring - Business First of Buffalo:

caloloary.blogspot.com
The Washington Post and New York Timess reported late on Tuesday that the antitrust probe is centered onwhetherd (NASDAQ:GOOG), (NASDAQ:AAPL), (NASDAQ:YHOO), and otheras agreed not to recruit each other'w employees. The stories cite unnamed sources the papers said are familiar with the The investigation is reportedly in its early with the papers saying that the governmeny has requested documents and information fromtargetedc companies. The inquiry is seen as another sign that the Obamz administration will be more aggressive on antitrust laws than his predecessorf and Silicon Valley tech firmsd are a focus ofthat attention.
The Justice Department is currentlg also investigating a proposed settlementfbetween Google, authors and publishers to resolver a copyright dispute, the Wall Streetf Journal has reported citing unnamed sources. The Federalo Trade Commission has also askefd questions about whether having Google CEO Eric Schmidt and formerrGenentech Inc. CEO Art Levinsob on both the Appled and Google board is a violatio n ofantitrust laws.

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