Silicon Valley Fights Order To Pay Bigger Settlement In Tech Talent Hiring Case
The Washington Post carries a story from the Associated Press that says the big companies hit hardest by Judge Lucy Koh's ruling in the "No Poaching" case have not suprisingly appealed that ruling, which found that a proposed settlement of $324.5 million to a class-action lawsuit was too low. The suit, filed on behalf of 60,000 high-tech workers allegedlly harmed by anti-competitive hiring practices, will probably enter its next phase next January or March. (Judge Koh is probably
not very popular at Apple in particular.) If you're one of those workers (or in an analogous situation), what kind of compensation or punitive action do you think is fair?
How about the amount of money they didn't have to pay their employees times 2 or 3?
This is government meddling with people's private property (businesses) nothing else.
Yes, sometimes I wish the government would cease its meddling, like all the laws that allow corporations to become "legal entities" and shield the owners of these corporations from financial losses. The concept of limited liability is evil government meddling.
The problem we have in the US is that firms are given a great deal of leeway to insure that they can charge as high as price as the market will bear, but labor is severely restricted in doing the same. For instance firms are free to form collectives that lobby congress and produce promotional campaigns, even to the point of forcing companies to pay for such promotions, but unions have to bill lobbying efforts separate and members can opt out. Likewise firms are allowed to use some pretty significant tools to prevent labor from organizing, though firms are free to do the same with few restrictions.
"She's a scientist and a lesbian. She's not going to let it slide." Orphan Black