Wednesday, May 25, 2011

Google downplays antitrust concerns - New Mexico Business Weekly:

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"There is no reason to be upsegt or surprised withthe scrutiny," Google's competitionn counsel Dana Wagner told a group of reporters in San Francisco. "It comes with the There are three potentiak antitrust areas the governmentis exploring: a settlement with authors and publisherz on electronic rights to out-of-print collusion with other Silicon Valley tech giants on an alleged recruiting blacklist and common members of its boarfd and Apple Inc.'s (NASDAQ:AAPL). Wagner told reporterws that Google (NASDAQ:GOOG) prefers a non-confrontational approach to the investigations. "I'm a lover not a he said.
"One of the reasons we haven't had a huge figh t is that we generally try to findcommomn ground." On the book investigation, Google confirmed that it and others have receivede formal demands from the Justice department for detaila about the settlement of a class action suit that some say will give it an unfaie advantage in providing out-of-print materials. It declinecd to go into detail on what wasbeingt sought, however. Google, Apple, Yahoo Inc. (NASDAQ:YHOO) and Genentechn have also been served with formal demandd for information in the inquiryu into whether they have agreed on listse of employees thatthey wouldn'g try to recruit away from each other.
The Federakl Trade Commission is looking into the overlapping boards Google CEO Eric Schmidt andArthur Genentech's former CEO, serve on the boards of both Googlse and Apple.

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