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Three of the seven companies defending allegations that they violated U.S. antitrust law by agreeing not to recruit each other’s employees agreed to settle all claims against them in In re: High-Tech Employee Antitrust Litigation for a total of $20 million.
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Three of the seven companies defending allegations that they
violated U.S. antitrust law by agreeing not to recruit each
other's employees agreed to settle all claims against them in
In re: High-Tech Employee Antitrust Litigation for a total of $20
million. This putative class action and substantial settlement are
important reminders of the caution required when considering any
kind of agreement not to not to recruit or hire another
company's employees.
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