No-Poaching Collusion: Tech Giants’ Wage Suppression Scandal

In the 2000s, major companies like Google, Apple, Adobe, and Intel, along with other corporate giants, conspired to avoid poaching each other’s employees in an effort to suppress wages. This collusion ultimately resulted in a $400 million class-action lawsuit. This illegal practice, known as a “no-poaching” or “anti-poaching” agreement, stifled employee mobility and salary growth […]

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