Google, Apple, Intel, and Adobe all found themselves wrapped up in an
anti-trust lawsuit that will have them forking over $324m in damages
from former employees.
The basis of the lawsuit brought against the aforementioned companies
was that they made agreements that they would not hire employees who
previously worked from the other companies. For example, an ex Adobe
employee wouldn’t be able to secure a job at Google, an ex Apple
employee with Intel and so on and so forth.
The lawsuits placed against Adobe, Intel, Apple, and Google provided
some pretty strong evidence that more or less proved that they were all
guilty of collusion in Anti-Trust laws: a number of emails between Steve
Jobs himself and various other executives from the companies prove that
they were putting a stop to hiring from eachother’s employee pools
All the companies involved in the lawsuit shelled out a combined $324
million, $100 million of that came out of Apple’s pockets, as they were
the largest company involved in the lawsuit.
Disney and Intuit Inc. were also forking over cash in the settlement;
$9 and $11 million respectively. However, the deal still needs to be
approved by judge Sandy Koh in San Jose, CA, before it takes full
effect.
Anyone surprised that the companies engage in anti-trust behavior? Or
are you just surprised that these big companies got caught?
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