Silicon Valley Firms in Alleged Salary Fixing Scheme
April 22nd, 2012Via: MacWorld:
Apple, Google, Intel and Adobe are accused of agreeing not to poach each others staff, therefore holding back career development and suppressing compensation. A federal court in California has ordered seven technology companies in the state including Apple, Intel, Adobe and Google to face a private antitrust suit from five former employees, who alleged that the companies conspired to eliminate competition between them for skilled labor to suppress compensation and mobility of employees.