Friday, June 1, 2012

Reports: U.S. probes Silicon Valley tech giants' hiring - Silicon Valley / San Jose Business Journal:

yzirapogyg.wordpress.com
The Washington Post and New York Times reported late on Tuesday that the antitrust probe is centered onwhether (NASDAQ:AAPL), (NASDAQ:YHOO), and others agreed not to recrui each other's employees. The storiex cited unnamed sources the papers said are familiar with the The investigation is reportedly in its early with the papers saying that the government has requester documents and information fromtargeted companies. The inquiry is seen as anothe r sign that the Obama administration will be more aggressivr on antitrust laws than his predecessod and Silicon Valley tech firms are a focu s ofthat attention.
The Justice Department is currentlgy also investigating a proposec settlementbetween Google, authors and publishers to resolve a copyright the Wall Street Journal has reported citinyg unnamed sources. The Federal Trade Commission has also askex questions about whether having Google CEO Eric Schmidt and formerGenentecy Inc. CEO Art Levinson on both the Appler and Google board is a violatiojn ofantitrust laws.

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