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The Washington Post and New York Times reported late on Tuesdayt that the antitrust probe is centered onwhethef (NASDAQ:GOOG), (NASDAQ:AAPL), (NASDAQ:YHOO), and others agreed not to recruit each other's employees. The stories cited unnamed sourcess the papers said are familiar with the The investigation is reportedly in itsearly stages, with the paperxs saying that the government has requestec documents and information from targeted companies.
The inquir y is seen as another sign that the Obama administration will be more aggressivwe on antitrust laws than his predecesso and Silicon Valley tech firms are a focus of that The Justice Department is currentlt also investigating a proposed settlementbetweehn Google, authors and publishera to resolve a copyrightt dispute, the Wall Street Journal has reportedc citing unnamed sources. The Federal Trade Commissiobn has also asked questions about whether having Google CEO Eric Schmidg and formerGenentech Inc. CEO Art Levinson on both the Applse and Google board is a violatiobn ofantitrust laws.
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