The Federal Trade Commission (FTC) has vowed to increasingly scrutinize companies that share common board members. FTC Chairman Jon Leibowitz made the pronouncement in October shortly after Apple board of director's member Arthur Levinson resigned from Google, Inc.'s board without providing an explanation. In a statement released by the FTC, Leibowitz hinted that Levinson's resignation was the result of a well-publicized inquiry by the FTC into potential antitrust violations under Section 8 of the Clayton Act by Apple and Google. Section 8 of the Clayton Act prohibits a person from serving as a director or officer of two competing companies, with certain exceptions.
Corporate Governance
Corporate Governance
Renzulli Law Firm offers an aggresive, proactive approach to corporate governance and protection strategies, with knowledge and experience that is domestic and international. We know that the marketplace, culture, and regulatory scheme is different from one country to the next. We work with our clients to ensure we know their business and their interests, and that we protect them to the fullest extent possible. Our lawyers can advise on committee structure, shareholder issues and disputes, internal investigations, insider trading/white collar crime, Foreign Corrupt Practice Acts, antitrust, fair trade, unfair competition and business practices, environmental health and safety, consumer product health and safety, and every aspect of human resources issues and protection, including protection of company information, privacy and self- dealing.
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