News

U.S. Tech Probe Nears End

Published on September 17, 2010
by Thomas Catan and Brent Kendall

Several of the U.S.’s largest technology companies are in advanced talks with the Justice Department to avoid a court battle over whether they colluded to hold down wages by agreeing not to poach each other’s employees.

The companies, which include Google Inc., Apple Inc., Intel Corp., Adobe Systems Inc., Intuit Inc. and Walt Disney Co. unit Pixar Animation, are in the final stages of negotiations with the government, according to people familiar with the matter.

The talks are still fluid, these people said, with some companies more willing to settle to avoid an antitrust case than others. If negotiations falter, both sides could be headed for a defining court battle that could help decide the legality of such arrangements throughout the U.S. economy.

Read the rest of this post on the original site

Return to: U.S. Tech Probe Nears End

URL: http://allthingsd.com/20100917/u-s-tech-probe-nears-end/