Six major technology companies, including Apple, Google and Intel, have settled with the US Department of Justice over recruitment collusion allegations. The Justice Department website reveals that the tech firms have agreed to stop entering into "anticompetitive employee solicitation agreements.” Apparently, the companies involved had formed pacts not to poach employees from each other.
This strategy is brilliant, in an evil sort of way. Naturally, the tech firms wanted to keep their best, most talented personnel exactly where they were: firmly ensconced within the respective companies. Why would they permit their highly-paid geniuses to be pirated by a competing firm? That’s just bad business, right?
Wrong. Silicon Valley is a competitive business environment. By entering into anticompetitive employee solicitation agreements, these six firms have deprived their employees of essential information that could have given them access to better career opportunities. It is completely unfair for the employer to just monopolize the employee’s choices.
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