Bloomberg Law
March 19, 2018, 11:07 AM UTC

Employers Should Brace for Slew of Antitrust Class Actions

Perry Cooper
Perry Cooper
Reporter

“Non-competes on steroids.” That’s what one scholar calls no-hire and no-poach agreements among employers like those in Silicon Valley that recently settled for hundreds of millions of dollars.

Now similar deals, that stifle competition and suppress wages, are rapidly catching the attention of the Department of Justice and class action attorneys.

These “gentlemen’s agreements” can add up to millions of dollars in lower wages for thousands of both highly skilled and unskilled workers across all industries.

And that leads to multimillion-dollar antitrust settlements with the companies involved.

A pair of related cases involving workers at Apple, Google and other Silicon ...

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