360° Coverage : Apple Settles Class Action Antitrust Case

Apple Settles Class Action Antitrust Case

Apple successfully reaches an agreement with the class-action parties

Apr 25 2014, 2:59pm CDT | by

Apple Settles Class Action Antitrust Case
Photo Credit: Getty Images

Apple is not going to face any ‘court’ trouble regarding the anti-poaching case, as the company reaches a settlement with the complaining parties.

According to Apple Insider, Apple, along with major technology companies, including Google, Intel, and Adobe, has come to an agreement with the class. The lawsuit was made in the best interests of 60,000 Silicon Valley employees. The settlement has prevented the trial to get initiated in May, which might force the companies to pay a massive penalty of $9 billion. However, the firms have agreed to pay $324 million.

In 2011, the workers filed a complaint, stating that the companies had illegally made an anti-poach agreement which would disable the firms taking away employees from one another, consequently keeping the wages low.

However, Apple hasn’t made any comment regarding the issue.

 

 

 
 
 


Ehsanul Haque Kanan is covering consumer electronics with passion. He is especially an avid follower of all things Apple.

 

blog comments powered by Disqus

Latest stories

Apple Watch 2 will not feature a Round Display
Apple Watch 2 will not feature a Round Display
Apple Watch 2 will feature a bigger battery
 
 
Apple’s iPhone Gains 1.8% Market Share in the US
Apple’s iPhone Gains 1.8% Market Share in the US
iPhone sales are still going strong despite tough competition from competitors
 
 
Rumors Point to Early Production of New iPhone 6S
Rumors Point to Early Production of New iPhone 6S
Asian suppliers say that new smartphone will have different look
 
 
iPhone Increases Lead in the U.S. Smartphone Market
iPhone Increases Lead in the U.S. Smartphone Market
Gains 2 more percent in operating platform race over Android