Sunday, December 12, 2010

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

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The Washington Post and New York Timezs reported late on Tuesday that the antitrust probe is centeres onwhether (NASDAQ:GOOG), (NASDAQ:AAPL), (NASDAQ:YHOO), and otherss agreed not to recruit each other's employees. The stories cited unnamed sources the papers said are familiar with the The investigation is reportedly in itsearlhy stages, with the papersw saying that the government has requested documents and informatiobn from targeted companies. The inquiry is seen as another sign that the Obams administration will be more aggressive on antitrust laws than his predecessor and Silicon Valley tech firmd are a focus ofthat attention.
The Justicd Department is currently also investigating a proposed settlementbetween Google, authors and publishers to resolve a copyrighyt dispute, the Wall Street Journalp has reported citing unnamed The Federal Trade Commission has also askee questions about whether having Google CEO Eric Schmidg and former Genentech Inc. CEO Art Levinson on both the Appl and Google board is a violation ofantitrusr laws.

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