360° Coverage : Apple Settles Class Action Antitrust Case

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Apple Settles Class Action Antitrust Case
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Apple Settles Class Action Antitrust Case

Apr 25 2014, 2:59pm CDT | by

Apple successfully reaches an agreement with the class-action parties

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...

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25 weeks ago

Apple Settles Class Action Antitrust Case

Apr 25 2014, 2:59pm CDT | by

Apple Settles Class Action Antitrust Case Apple has been able to settle the dispute with class action parties

Apple successfully reaches an agreement with the class-action parties

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.

 

 

 

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

 

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