Apple, Google Agree To Settle Lawsuit Alleging Hiring Conspiracy

Posted by samzenpus on Thursday April 24, 2014 @12:10PM from the have-some-money dept.

An anonymous reader writes "A group of tech companies including Google and Apple have agreed to settle an antitrust lawsuit over no-hire agreements in Silicon Valley. Terms of the deal were not disclosed. From the article: '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. Trial had been scheduled to begin at the end of May on behalf of roughly 64,000 workers in the class.'"

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Re:terms not disclosed by etphonehome8706 · 2014-04-24 12:51 · Score: 5, Informative

Per the lawyers for the plaintiffs, the terms of the settlement will become public when the paperwork is filed with the court next month.
Re:Why isn't anyone in jail? by Raenex · 2014-04-25 02:26 · Score: 4, Informative

No, the feds already settled. This is a civil suit. Difference.
The question is why the feds settled with nobody in jail. The answer, of course, is that there are different rules for CEOs of big American companies.