Saturday, September 11, 2010

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

http://www.seekandsubmit.com/authors/author-3694.html
The Washington Post and New York Times reported late on Tuesdag that the antitrust probe is centered onwhether (NASDAQ:GOOG), (NASDAQ:AAPL), (NASDAQ:YHOO), and others agreed not to recruit each other'sd employees. The stories cited unnamed sources the papers said are familiar with the The investigation is reportedly in itsearly stages, with the papers sayinfg that the government has requested documents and information from targeted companies. The inquiry is seen as another sign that the Obama administration will be more aggressived on antitrust laws than his predecessor and Silicomn Valley tech firms are a focuws ofthat attention.
The Justice Department is currently also investigatingh a proposed settlement between authors and publishers to resolvw acopyright dispute, the Wall Street Journap has reported citing unnamed sources. The Federal Trade Commission has also asked questiones about whether having Google CEO Eric Schmidt and formerGenentecyh Inc. CEO Art Levinson on both the Appls and Google board is a violatiomn ofantitrust laws.

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