Wednesday, May 4, 2011

Reports: U.S. probes Silicon Valley tech giants' hiring - Business First of Buffalo:

http://executivetelephony.com/news/article.php?id=88
The Washington Post and New York Times reportesd late on Tuesday that the antitrust probs is centered onwhether (NASDAQ:GOOG), (NASDAQ:YHOO), and others agreed not to recruit each other's The stories cited unnamed sources the papers said are familia r with the matter. The investigation is reportedlu in itsearly stages, with the papers saying that the government has requestedd documents and information from targetedx companies.
The inquiry is seen as anothe sign that the Obama administration will be more aggressive on antitrust laws than his predecessofr and Silicon Valley tech firms are a focus of that The Justice Department is currently also investigating a proposed settlementbetweebn Google, authors and publishers to resolve a copyrighrt dispute, the Wall Street Journal has reported citint unnamed sources. The Federal Tradr Commission has also asked questions abouyt whether having Google CEO Eric Schmidyt and formerGenentech Inc. CEO Art Levinson on both the Appl and Google board is a violation ofantitrust laws.

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