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Could it be as simple as the tech giants didn't want a wage war whereby the highest payer would simply monopolize the talent market?
by eewffwe 11y ago
Could it be as simple as the tech giants didn't want a wage war whereby the highest payer would simply monopolize the talent market?
- jsmeaton 11y agoSo manipulating the market to artificially keep salaries low? Can you see the problem/illegality here?
- eewffwe 11y agoIt's silly how people view this situation here. If one company has the resources to manipulate the market, they will do so outside the talent pool. Apple could buy up most patents and restrict anybody from using them. THEN, you would see the problem. But when it's human resource, you want the free market to be free.
- rqebmm 11y agoOf course that's their incentive. And because it benefits a few and distorts the market, collusion was made against the law.