4 ms·
This is a fascinating question. My guess is that all industries have different levels of collusion/wage-fixing. If something as big as THE TECH INDUSTRY can get
by radiantswirl 8y ago
This is a fascinating question. My guess is that all industries have different levels of collusion/wage-fixing. If something as big as THE TECH INDUSTRY can get away with colluding to keep a ceiling on wages, then surely every single other smaller industry can as well.
- dunpeal 8y agoThere are many ways to suppress wages besides wage-fixing collusion. About 25% of American workers have non-compete clauses in their work agreements, for instance.
- pmiller2 8y agoTrue, but non competes are mostly unenforceable in California, so that doesn’t account for the situation in the Bay Area.
- rebelwebmaster 8y agoOnly when people decide to fight them. Sadly, many people un-aware of their dubious legality honor them even if they are in fact unenforceable.
- dunpeal 8y agoThe wage gap exists outside of California, and California also happens to be the only state in which non-competes are strictly voided by the courts. Outside the Californian bubble, they're a big problem.