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DOJ Investigates Google, Apple, and Others For 'No Poaching' Agreement
CSHARP123 writes "The Department of Justice launched an investigation into the 'No Poaching' agreement between Apple and Google in 2010, but details of the case were only made public for the first time yesterday. TechCrunch was the first to sift through the documents, and has uncovered some ostensibly incriminating evidence against not only Google and Apple, but Pixar, Lucasfilm, Adobe, Intel, and Intuit, as well. According to the filings from the U.S. District Court for the Northern District of California in San Jose, these companies did indeed enter 'no poach' agreements with each other, and agreed to refrain from soliciting employees. The documents also indicate they collectively sought to limit their employees' power to negotiate for higher salaries."
You're implying that it's better to have the potential to gain $50,000 million with high risk than $5,000 million with low risk.
The greatest fallacy of capitalist philosophers is to forget that the system is run by people, and people only live for a small amount of time and with relatively modest material needs.
The greatest success of capitalist practitioners is to take advantage of this and tell the average man that competition is healthy while succeeding at the top through cooperation.
Like Abbott said, white men like to play the game of divide and rule. It has been the crowning principle of the British empire and all its ideological descendants.
Get a load of that coincidence. it 'coincides' just 2 days after sopa protests, and involves almost all major technology companies that have major stakes on internet. Just like how the megaupload bust 'coincided' a day after sopa protests, yesterday.
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Yeah, and while the people are waiting for this eventual collapse, what then? Oh, right, they're just screwed. What a great solution. Saying to let the market decide ignores the fact that these things take time and people get screwed during that time. Yeah, maybe it will EVENTUALLY sort itself out, but in the mean time, we have to put up with something like this and that is bullshit. Laissez-faire was proven pretty early on to be a completely useless government policy and yet people still trot that out like it's some new insight; it is not unlike like trickle down economics. It doesn't work, we know it doesn't work, and yet people still bring it up as a valid argument.
"Those who would sacrifice essential liberties for a little temporary safety deserve neither liberty nor safety." - BenF
It's funny that this drops the same day as the Fortune list of best companies to work for. I see many name here at the top of that list. Not quite sure what to think... I dislike secret corporate agreements, especially to keep salaries down, but I had a fellowship at Intel and found it to be a really good environment, and my colleagues thought so too. At the same time one couldn't help but to notice the incredible number of green badges (contractors) used while Intel posts record quarters. I suppose when you are as big as Intel, it's nearly impossible to be all good, or all evil.