The incident involving CEOs colluding was handled by the legal system, not coercion through strikes. Refusing to compete on employee compensation is also rathe

The incident involving CEOs colluding was handled by the legal system, not coercion through strikes. Refusing to compete on employee compensation is also rather different than refusing to pay as much as people should get. It also appears to be the case that Verizon's employees are overpaid rather than underpaid: https://news.ycombinator.com/item?id=11488829 https://news.ycombinator.com/item?id=11488829 The total benefits for a Verizon technician on Long Island are $160,000 a year while the median for this region (across all professions) is about $50,000. Until today, I had never heard of a job for a technician that reached 6 figures. These high salaries might have triggered Verizon's change of focus to wireless from wired and investment in 5G. The strike is probably going to accelerate Verizon's shift to wireless, which requires fewer employees and is non-unionized.