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Old Aug 3, 2009, 03:35 PM   #1
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Federal Trade Commission to Continue Investigation of Corporate Ties Between Apple and Google



The U.S. Federal Trade Commission today released a statement (via CNBC) commending Apple and Google for Google CEO Eric Schmidt's resignation from Apple's Board of Directors. The FTC, however, claims that it will continue to investigate the corporate ties the between two companies for potential anti-competitive activities related to "interlocking directorates".
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On August 3, 2009, Apple announced that Eric E. Schmidt, Chief Executive Officer of Google, was stepping down from its board. "We have been investigating the Google/Apple interlocking directorates issue for some time and commend them for recognizing that sharing directors raises competitive issues, as Google and Apple increasingly compete with each other," said Bureau of Competition Director Richard Feinstein. "We will continue to investigate remaining interlocking directorates between the companies."
As CNBC notes, former Genentech CEO Arthur Levinson continues to serve on the Boards of Directors of both companies and former Vice-President Al Gore serves as both a director on Apple's Board and a "special advisor" to Google and Eric Schmidt.

Article Link: Federal Trade Commission to Continue Investigation of Corporate Ties Between Apple and Google
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Old Aug 3, 2009, 03:39 PM   #2
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Like no one would find this shocking.
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Old Aug 3, 2009, 03:40 PM   #3
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Is this the same agency that's investigating Apple for denying Google's iPhone Apps? You just can't win.
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Old Aug 3, 2009, 03:40 PM   #4
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I'm glad the FCC is exposing the goings on between the companies. It's nice to see that accountability is still somewhat present.
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Old Aug 3, 2009, 03:40 PM   #5
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Really, any board-level links between supposedly competing companies has got to be viewed suspiciously.
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Old Aug 3, 2009, 03:40 PM   #6
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Is this the same agency that's investigating Apple for denying Google's iPhone Apps? You just can't win.

No the FCC is a very different branch of government.
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Old Aug 3, 2009, 03:42 PM   #7
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Is this the same agency that's investigating Apple for denying Google's iPhone Apps? You just can't win.
That's pretty small potatoes though, isn't it?
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Old Aug 3, 2009, 03:44 PM   #8
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I guess that ruins Google's "don't be evil" philosophy the 2 guys who started it follow. Apple's been evil for years now, only wearing a phony halo.

Get 'em, FTC!
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Old Aug 3, 2009, 03:47 PM   #9
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This explains the Eric Schmidt departure. I wonder if all those speculative wondering about the departure can see this the real reason now, the FTC inquiry.
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Old Aug 3, 2009, 03:50 PM   #10
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Levinson and Gore are next to leave.
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Old Aug 3, 2009, 03:55 PM   #11
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Levinson and Gore are next to leave.
I think you might be right. Gore especially is hardly at any the board meetings. He shows up maybe one or twice a year to the board.
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Old Aug 3, 2009, 03:59 PM   #12
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Levinson and Gore are next to leave.
Gore doesn't need it anymore anyways. Seems like his income on his new cap and trade policy efforts has increased his wealth from 3 mill to over 100 million. Complements of all US tax payers! Way to go Al, you leech! If you think that this won't impact you, just watch your wallet in the very near future.
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Old Aug 3, 2009, 04:14 PM   #13
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I bet my interlocking directorate is bigger than your interlocking directorate.

You should never have a politician connected with a company. In the end it just ends up getting tainted with accusations of political favour etc. Well that and Gore is full of it.
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Old Aug 3, 2009, 04:27 PM   #14
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maybe rejecting google voice was a way to distract any thoughts of a bromance between the two.
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Old Aug 3, 2009, 04:28 PM   #15
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maybe rejecting google voice was a way to distract any thoughts of a bromance between the two.
I think it has more to do with free phone calls.
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Old Aug 3, 2009, 04:28 PM   #16
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I'm glad the FCC is exposing the goings on between the companies. It's nice to see that accountability is still somewhat present.
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Originally Posted by Truffy View Post
Really, any board-level links between supposedly competing companies has got to be viewed suspiciously.
The sketchy part of all this to me is the tie between huge corporations and government connections. Not like it is any big secret that huge corporations, money, and lobyists have poluted America with corruption!
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Old Aug 3, 2009, 04:31 PM   #17
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Well, FTC, Apple and Google, as private companies, have the right to associate in whatever way they see fit.

We, as private people, have the right to buy/use products separate from Apple and Google if we do not approve of something they are doing.

fin
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Old Aug 3, 2009, 04:32 PM   #18
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I'm glad the FCC is exposing the goings on between the companies. It's nice to see that accountability is still somewhat present.
FCC = Federal Communications Commission, who is investigating Apple/AT&T over how much control they are exerting over AT&T's mobile network. The FCC deals with communications issues.

FTC = Federal Trade Commission, who is investigating the corporate link between Apple and Google. The FTC deals with corporate antitrust issues.
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Old Aug 3, 2009, 04:56 PM   #19
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Well, FTC, Apple and Google, as private companies, have the right to associate in whatever way they see fit.
Not true. If competitors could collaborate however they wanted, they could go so far as to de facto merge while avoiding the anti-trust issues that come from a real merger. Obviously, apple and google are very far from de facto merged, but the point remains that collaboration between ostensible competitors is a potential anti-trust concern.
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Old Aug 3, 2009, 04:58 PM   #20
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I guess that ruins Google's "don't be evil" philosophy the 2 guys who started it follow. Apple's been evil for years now, only wearing a phony halo.

Get 'em, FTC!
The FTC is far more evil than apple. Not in this case, but in many others. They have the power to convict you on things without a trial.
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Old Aug 3, 2009, 04:58 PM   #21
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and yet Microsoft are left untouched to continue to have at least '90% of everything...

It makes no sense....
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Old Aug 3, 2009, 05:04 PM   #22
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and yet Microsoft are left untouched to continue to have at least '90% of everything...

It makes no sense....
so.... it's Google and Apple here, and they should be inspected!
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Old Aug 3, 2009, 05:04 PM   #23
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and yet Microsoft are left untouched to continue to have at least '90% of everything...

It makes no sense....
You heard of the EU and how they got Microsoft to remove Internet Explorer completely from WIndows 7.....


Now, ****.
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Old Aug 3, 2009, 05:09 PM   #24
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and yet Microsoft are left untouched to continue to have at least '90% of everything...

It makes no sense....
They are playing by the rules now. (More or less)
They got their butts handed to them by the DOJ and the EU.
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Old Aug 3, 2009, 05:12 PM   #25
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So this is why Schmidt left the board, it wasn't directly related to the FCC investigation.
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