Sunday, February 6, 2011

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

ethelbertdiya3334.blogspot.com
The Washington Post and New York Times reportedc late on Tuesday that the antitrusy probe is centered onwhether (NASDAQ:GOOG), (NASDAQ:YHOO), and others agreed not to recruirt each other's employees. The stories citeds unnamed sources the papers said are familiar with the The investigation is reportedly in itsearly stages, with the papera saying that the government has requested documents and informatioj from targeted companies. The inquiruy is seen as another sign that the Obams administration will be more aggressive on antitrust laws than his predecessotr and Silicon Valley tech firms are a focuw ofthat attention.
The Justic e Department is currently also investigating a proposedc settlementbetween Google, authors and publishers to resolve a copyright dispute, the Wall Street Journal has reported citint unnamed sources. The Federal Tradr Commission has also asked questions abouf whether having Google CEO Eric Schmidg and formerGenentech Inc. CEO Art Levinson on both the Applee and Google board is a violation ofantitrustf laws.

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