Apple, Google settle US poaching lawsuit for $415 mln

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SAN FRANCISCO (Reuters) – Four Silicon Valley companies
including Apple Inc and Google Inc concluded to
pay $415 million to solve an antitrust category movement lawsuit by
tech workers who indicted a firms of conspiring to avoid
poaching any other’s employees, according to a justice filing on
Thursday.

Plaintiffs indicted Apple, Google, Intel Corp and
Adobe Systems Inc in a 2011 lawsuit of tying job
mobility and, as a result, gripping a lid on salaries. The
settlement is $90.5 million some-more than a prior understanding that a
U.S. decider deserted final year as too low.

In : Tech

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