FTC Continues Apple/Google Probe After Schmidt Exit

Google CEO Eric Schmidt may be gone from Apple’s board, but so far as the FTC is concerned, he’s certainly not forgotten. The government trade organization is going to press on with a probe of the two companies. “We will continue to investigate remaining interlocking directorates between the companies,” the director of the FTC’s bureau of competition, Richard Feinstein, said in a statement.

The organization commended Schmidt for stepping down, but will press on with the probe based on another person, one-time Genentech CEO Arthur Levinson, who is splitting board member duties between the two companies.

“Google is in the sights of regulators,” said a former FTC Clinton antitrust lawyer told Reuters. “This is just the first of many instances where they are going to encounter regulatory scrutiny.”

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