eric schmidt

Fine for "rivals" Google and Apple who conspire against their employees

Η GoogleThe Apple Lossless Audio CODEC (ALAC),The Intel and Adobe they will have to pay a fairly large amount (for us and not for them) once they have accepted the charge of creating a secret agreement they had between them. This agreement indicated that one company would not hire employees on the other. For this reason, companies will have to pay 324 million dollars.

Google

The initial lawsuit was filed in 2011, when employees accused the companies of conspiring not to hire employees working in "allied" companies in order to prevent a wage war. Workers initially demanded $ 3 billion in compensation, an amount that could be tripled under antitrust law.

Despite the apparent rivalry between such companies as Google and Apple, it seems that Steve Jobs and former Google CEO Eric Schmidt have worked together quite well. They communicated via email y about how to put their plan into action so they could avoid stealing staff from each other and at the same time, make sure their staff wouldn't leave them.
The four companies – Google, Apple, Adobe and Intel – have already received recommendations from the Ministry of Justice in 2010, agreeing not to re-engage with such agreements. Since then, they have been fighting the civil antitrust lawsuit.

The trial was set to begin in May, but the four tech giants decided to settle instead of going through the motions all over again. , not knowing what the chances of winning the trial will be.

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Written by giorgos

George still wonders what he's doing here ...

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