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Posts Tagged ‘antitrust law’

Google, Apple, Intel and Adobe to Pay $324m to Settle Conspiracy Lawsuit

Posted by feww on April 25, 2014

We Told You Schmitt was a Pathological Liar and Jobs a …

This is how they treat their workers?

Four leading tech companies headed by Google and Apple have agreed to pay a total of $324 million to settle a lawsuit accusing them of conspiring to hold down salaries in Silicon Valley, just weeks before a trial had been scheduled to begin, Reuters quoted “sources familiar with the deal” as saying.

“Tech workers filed a class action lawsuit against Apple Inc, Google Inc, Intel Inc and Adobe Systems Inc in 2011, alleging they conspired to refrain from soliciting one another’s employees in order to avert a salary war. They planned to ask for $3 billion in damages at trial, according to court filings. That could have tripled to $9 billion under antitrust law,” said a report by Reuters posted HERE.

blocked-by-google-s
Note: The above image incorporates the Google logo, which is a trade mark of that evil corporation.

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