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Google, Apple, Intel, Adobe Settle Lawsuit Alleging Wage-Fixing [VIDEO]

Logo credit: Google.
Logo credit: Google.
Apple, Google, Intel and Adobe admit to having an agreement to not poach one another's employees, yet denied that driving down wages was their motivation for the collusion, weeks before the trial based on a class-action lawsuit was due to begin, writes Eliana Dockterman for Time magazine.

Four major technology companies settled a lawsuit that alleged they conspired to keep salaries low in Silicon Valley on Thursday, only weeks before the high-profile trial date, Reuters reports.

The article can be found via Time online here.

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