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View Diary: Apple and Unbridled Capitalism (248 comments)

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  •  Whatever they can get away with. In California (3+ / 0-)
    Next week a class-action civil lawsuit will be heard in San Jose to determine if Google, Apple, Pixar, Lucasfilm, Adobe, Intel, and Intuit conspired to eliminate competition for skilled labor. In anticipation of the hearing, ...[evidence from the Department of Justice’s investigation...] appears to support the plaintiff’s case that the defendant companies tried to suppress employee compensation by entering into “no poach” agreements.
    ...Now we know the C-level management at these companies did enter into anti-competitive agreements....

    ...The evidence states that the defendants agreed not to poach employees from each other or give them offers if they voluntarily applied, and to notify the current employers of any employees trying to switch been [sic]. They also agreed not to enter into bidding wars and to limit the potential for employees to negotiate for higher salaries....
    [my bolding]

    There simply are no giant beneficial corporations. There's too big to fail, but on the road to that point, you pass "too big to trust."

    Today, if you exist... that's already suspicious.

    by Jim P on Sat Jan 21, 2012 at 11:49:37 PM PST

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