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News: Mix: Namco, T-Mobile UK, iPhone payment, FTC
iLounge | All Things iPod, iPhone, iTunes and beyond — ... ] The Federal Trade Commission has released an official statement regarding Apple’s announcement that Google CEO Eric Schmidt was resigning from Apple’s Board of Directors. “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.” The regulatory body ...

FTC Commends Schmidt For Stepping Down, But The Investigation Continues
TechCrunch — ... The FTC has released a statement commending Schmidt and Apple’s mutual decision for him to step down, but it warns that the investigation is not over yet. Here’s their exact wording: ...

FTC Commends Schmidt For Stepping Down - Then Steps Up Investigation Into Google/Apple
TechCrunch — ... The FTC has released a statement commending Schmidt and Apple’s mutual decision for him to step down, but it warns that the investigation is not over yet. Here’s their exact wording: ...

FTC to Google CEO, Apple: Nice Try …
Digital Daily — ... investigation of the ties between the Google (GOOG) and Apple (AAPL) boards. In a statement issued this afternoon, the FTC applauded the move, but said the two companies are foolish if they think it will simply abandon its inquiry as a result. “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 ...

FTC continues probe of Google-Apple tie-ups
CNET News - Apple — This was originally published at ZDNet's Between the Lines. Google CEO Eric Schmidt has resigned from Apple's board but that won't be enough to curtail a probe by the Federal Trade Commission. In a terse statement, FTC bureau of competition director Richard Feinstein said: We have been ...

Arthur Levinson Leaves Google's Board, Further Cutting Apple-Google Board Ties
Byte of the Apple - BusinessWeek — ... The Federal Trade Commission has been looking into the connections between the two boards, and clearly doesn't like what it sees. When Schmidt stepped down the FTC's competition director Richard Feinstein, commended the two companies for seeing the potential for a conflict of interests, but said the commission would continue to investigate. ...