Arab Today, arab today ebay pays 375m to settle nopoaching case
Last Updated : GMT 21:14:26
Arab Today, arab today
Arab Today, arab today

eBay pays $3.75m to settle no-poaching case

Arab Today, arab today

Arab Today, arab today eBay pays $3.75m to settle no-poaching case

San Francisco - AFP

 US online giant eBay agreed to pay $3.75 million to settleallegations it colluded with other Silicon Valley technology firms not to "poach"each other's employees, officials said Thursday.In deals struck with the US Department of Justice and the California attorneygeneral's office, the online commerce titan also promised not to conspire with othercompanies to restrain recruiting or hiring of workers."The proposed settlement resolves the department's antitrust concerns and ensuresthat eBay will not engage in similar conduct in the future," US assistant attornegeneral Bill Baer said in a release.The settlements need to be approved by a federal judge before being final.San Jose, California-based eBay has agreed to pay restitution and fines totaling$3.75 million under terms of the settlement with the western state."California's technology sector is at its best when competition and creativity areallowed to thrive," state attorney general Kamala Harris said."No-poach agreements unfairly punish talented workers and stunt our state'seconomy."A portion of the fund is to be used to compensate people who worked for eBay orIntuit in California since 2005, with amounts to range from less than $150 to$10,000 each. Harris filed suit against eBay in late 2012, accusing it of making a deal with thefinancial software firm not to recruit each other's workers. The "no-poach" deal tookplace between 2006 and 2009 and including a promise by eBay to not even hireIntuit employees, according to the state attorney general.The DoJ lawsuit aimed at eBay also dates back to late 2012.“eBay’s agreement with Intuit served no purpose but to limit competition betweenthe two firms for employees, distorting the labor market and causing employees tolose opportunities for better jobs and higher pay,”  Baer said.Intuit is already subject to a consent decree similar to the one agreed to by eBay,according to the DoJ. Tech giants Apple, Google, Adobe and Intel last month settled a lawsuit that chargedthey had colluded to hold salaries down by agreeing to not poach each others staff.The four reached an agreement to settle all claims against them with lawyers for theplaintiffs in the case dating back to 2011, a statement from the San Francisco US district court said.No details were given of the amounts, if any, in the settlement, and it did not coverThree other industry leaders also sued: Intuit, Lucasfilm and Pixar.The case built up strongly against them in January when the judge in the case, LucyKoh, cited emails from late Apple founder Steve Jobs requesting in 2007 that Google stop recruiting Apple workers.

arabstoday
arabstoday

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

Arab Today, arab today ebay pays 375m to settle nopoaching case Arab Today, arab today ebay pays 375m to settle nopoaching case

 



Arab Today, arab today

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

Arab Today, arab today ebay pays 375m to settle nopoaching case Arab Today, arab today ebay pays 375m to settle nopoaching case

 



Arab Today, arab today Designer prepared new set of ornaments

GMT 02:45 2017 Wednesday ,28 June

Designer prepared new set of ornaments
Arab Today, arab today France defies terrorism through tourism

GMT 15:18 2017 Saturday ,20 May

France defies terrorism through tourism
Arab Today, arab today Mai Al-Jeddawi presents décor ideas for Ramadan
Arab Today, arab today
Arab Today, arab today

GMT 08:23 2017 Saturday ,24 June

Actress Feryal Yussef received new drama offers

GMT 09:49 2017 Tuesday ,02 May

Girl barred from Malaysia chess competition

GMT 08:48 2017 Saturday ,06 May

Climate science: Bad news gets worse

GMT 16:25 2017 Sunday ,04 June

“Suhoor” is basic meal for fasting

GMT 06:31 2015 Thursday ,04 June

Pluto's unruly moons

GMT 11:09 2017 Sunday ,25 June

HUAWEI P10 the ‘guru’ of portrait shots

GMT 17:59 2017 Monday ,12 June

Designer Rania Adel reveals her new collection
Arab Today, arab today
Arab Today, arab today
 
 Arab Today Facebook,arab today facebook  Arab Today Twitter,arab today twitter Arab Today Rss,arab today rss  Arab Today Youtube,arab today youtube  Arab Today Youtube,arab today youtube
arabstoday arabstoday arabstoday arabstoday
arabstoday arabstoday arabstoday
arabstoday
بناية النخيل - رأس النبع _ خلف السفارة الفرنسية _بيروت - لبنان
arabstoday, Arabstoday, Arabstoday