Google’s G1 is the biggest enemy of Apple’s iPhone. And Apple is making a big push into the Web. So it’s totally hunky-dory that Google and Apple share board members, right? Wrong, say antitrust cops.

d An interesting story seen on ValleyWag.;  Google‘s G1 is the biggest enemy of Apple’s iPhone. And Apple is making a big push into the Web. So it’s totally hunky-dory that Google and Apple share board members, right? Wrong, say antitrust cops.

The FTC, which polices antitrust violations along with the Department of Justice, is investigating Apple and Google for a potential violation of a 1914 law against overlapping boards which may hinder competition.

People in Silicon Valley have long wondered at the close ties between Apple and Google. When Google CEO Eric Schmidt joined Apple’s board in 2006, Apple had yet to launch the iPhone and Google wasn’t a player in the cell-phone market. But the depth of ties seemed curious, even without that conflict. Genentech CEO Art Levinson already served on both boards, and two Apple board members, Bill Campbell and Al Gore, served as Google advisors. That’s a block of four directors — half the board, able to stalemate any Google-unfriendly strategic move. rest