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FTC investigates Apple, Google directors
Stephen Withers
Tuesday, 05 May 2009 13:11
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Other areas where the companies compete include web browsers (Safari and Chrome), desktop search (Spotlight and Google Desktop), photo software (iPhoto and Picassa), and online services (MobileMe and several Google offerings).So on the face of it, there is little evidence that the presence of Schmidt and Levinson on both boards has served to reduce competition.
Schmidt reportedly withdraws from board discussions involving the iPhone in order to avoid conflict of interest allegations.
The FTC is said to rarely enforce the restriction on directors in common.
One possibility is that Schmidt could resign from the Apple board and Levinson from either or both, thus making the matter moot.
Or if they and the companies are confident there is no case to answer, they are likely to let the FTC investigation run its course.
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