Arthur Levinson

Apple, Google Resolve FTC Concerns on Shared Board Members

Authored by Mark Hefflinger on October 13, 2009 - 9:25am.

Washington - The Federal Trade Commission (FTC) said that Google and Apple have resolved its concerns over shared board members, following the departure of former Genentech CEO Arthur D. Levinson from Google's board yesterday. "Google, Apple, and Mr. Levinson should be commended for recognizing that overlapping board members between competing companies raise serious antitrust issues and for their willingness to resolve our concerns without the need for litigation," said FTC Chairman Jon Leibowitz.

FTC to Continue Probe Into Google-Apple Board Ties

Authored by Mark Hefflinger on August 4, 2009 - 8:02am.

Washington - The Federal Trade Commission (FTC) said it will continue to investigate the connections between the boards of directors of Apple (NASD: AAPL) and Google (NASD: GOOG), despite Google CEO Eric Schmidt's announcement yesterday that he would resign from Apple's 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 FTC competition director Richard Feinstein. "We will continue to investigate remaining interlocking directorates between the companies."