I bet there are tons of seemingly "conflict of interest" in companies boards. In fact, being major shareholder qualifies (but not sufficiently) for the board. J

I bet there are tons of seemingly "conflict of interest" in companies boards. In fact, being major shareholder qualifies (but not sufficiently) for the board. Jobs was Disney's board member after Pixar's acquisition. You could argues Apple is now a competitor to Disney. So what? If a competitor acquires enough control of a company what's wrong?