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Apple, Google agree to settle antitrust lawsuit over hiring deals - filing

Published 24/04/2014, 20:30
ADBE
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AAPL
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By Dan Levine

SAN FRANCISCO (Reuters) - Four major tech companies including Apple and Google have agreed to settle a large antitrust lawsuit over no-hire agreements in Silicon Valley, according to a court filing on Thursday.

Terms of the deal were not disclosed.

Tech workers filed a class action lawsuit against NASDAQ:AAPL, Google Inc, Intel Inc and NASDAQ:ADBE in 2011, alleging they conspired not to poach one another's employees in order to avert a salary war. Trial had been scheduled to begin at the end of May on behalf of roughly 60,000 workers in the class.

(Reporting by Dan Levine)

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