Tuesday, March 29, 2011

DOJ Finds Non-solicit Agreements Among High-Tech Employers Violate Antitrust Law

The Department of Justice's (DOJ) Antitrust Division recently filed two complaints (United States v. Adobe Systems, Inc. and United States v. Lucasfilm, Ltd.), along with proposed settlement agreements, in D.C. federal court alleging that no-solicit agreements among high-tech employers constituted unlawful restraints on trade in the market for highly-skilled employees in the technology sector. Specifically, the DOJ discovered that several large and famous U.S. companies had agreements in place amongst each other that restricted the other's access to certain employees and even went so far as to agree to notify the other when making offers to employees and to not make counteroffers to their own employees offered a position by the other company. For more, click here.

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