Eric Schmidt won’t step down from Apple board
Jennifer McClelland | RSS | 0 CommentsEric Schmidt, the CEO of Google, isn’t willing to step down from his position as a member of Apple’s board of directors. He doesn’t really see what the big deal is.
The FTC may be getting involved to avoid any antitrust claims that may come up.
The Clayton Antitrust Act of 1914 bars someone from serving on the board of two rival companies. Until recently Apple and Google haven’t been rival companies, but now with Google’s Android OS and Apple’s insanely popular iPhone both out, it does seem like they are rival companies.
Schmidt told reporters that he would excuse himself from Apple board meetings when the iPhone would come up, but what is someone’s word when it comes to a main product?
I was wondering if Google is trying to avoid violating antitrust laws by not having multi-touch capabilities on any Android phones that have come out…hmm.
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Tags: eric schmidt, apple, google

