4 ms·
"Wage-fixing" is probably more accurate than "wage theft", but it is most certainly illegal under antitrust law. The key issues I see in the case: 1) they agr
by jobu 13y ago
"Wage-fixing" is probably more accurate than "wage theft", but it is most certainly illegal under antitrust law.
The key issues I see in the case:
1) they agreed not to do counteroffers
2) some of them shared salary data
3) they agreed to disallow active recruiting (cold-calling)
4) they agreed notify each other when hiring from each other
The third seems a little weak, but it definitely crosses the line when you combine it with the fourth (and emails between CEOs to stop hires that were already in the works).