3 ms·
This isn't new law. But the DOJ has not punished executives for it before, just companies. It isn't explicit in this article that they now will, but I think it
by Nomentatus 9y ago
This isn't new law. But the DOJ has not punished executives for it before, just companies. It isn't explicit in this article that they now will, but I think it is implied. Biggest previous case I know of:
https://www.justice.gov/opa/pr/justice-department-requires-six-high-tech-companies-stop-entering-anticompetitive-employee https://www.justice.gov/opa/pr/justice-department-requires-s...
I very greatly admire the famous book "The Hard Thing About Hard Things", 2014, by Ben Horowitz except that it very strongly insists that you should engage in precisely this illegal behavior. The gist is in this quote, p. 116:
"A good rule of thumb is my Reflexive Principle of Employee Raiding, which states, 'If you would be shocked and horrified if Company X hired several of your employees, then you should not hire any of theirs.' "
(And he clearly expects you to be shocked and dismayed by this.)