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April 19, 2012

Did big tech companies prevent workers from switching jobs?

That’s what a new antitrust case alleges: Adobe, Apple, Google, Intel, Intuit, Lucasfilm, and Pixar find themselves facing a new antitrust lawsuit in California. The accusations come from five software engineers, who allege that the companies conspired to stifle pay and job mobility in an effort to cut costs. District Judge Lucy Koh rejected the companies’ request to dismiss the suit, saying,” The fact that all six identical bilateral agreements were reached in secrecy among seven defendants in a span of two years suggests that these agreements resulted from collusion, and not from coincidence.” source

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14:56 // 1 year ago