Tuesday, July 15, 2014

The tech giants ally to keep wages low; Facebook doesn't play on the same team – tries to snatch Google employees


Back in 2011, a lawsuit accused tech giants Apple, Google, Intel, Adobe, and others that they have conspired to fix employee pay by not (actively) hiring each other's personnel. A clear violation of antitrust laws and elimination of competition for employees. More complainants soon emerged and, in 2013, the cases were consolidated into a class-action lawsuit. Lucasfilm, Pixar, and Intuit settled for a combined amount of $20 million, while the 4 remaining companies, Apple, Google, Intel and Adobe, were set to go to trial in May.



The giants have proposed to settle, by paying $324.5 ...



from PhoneArena - News http://ift.tt/1wpGVoq

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