Linked by Thom Holwerda on Wed 23rd Jan 2013 11:37 UTC
Legal Back in 2010, Apple, Google, Intel, Adobe, and a few others settled with the US Department of Justice regarding their anti-poaching agreements concerning employees. While the CEOs did a good job of escaping possible prosecution, the affected employees filed a class action lawsuit about this, and judge Lucy Koh has just unsealed a number of emails concerning this case. They paint a pretty grim picture of Steve Jobs and Eric Schmidt engaging in mafia practices, threatening smaller companies with patent litigation if they didn't agree to the no-poaching agreements, or demanding to handle matters verbally as to not leave a paper trail.
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benali72
Member since:
2008-05-03

No surprise here. In the U.S., "free markets and competition" applies to everybody except the big dominant corporations. DOJ (Dept of Justice) has little interest in breaking up the "trusts" these days.

Reply Score: 3

kwan_e Member since:
2007-02-18

No surprise here. In the U.S., "free markets and competition" applies to everybody except the big dominant corporations. DOJ (Dept of Justice) has little interest in breaking up the "trusts" these days.


Free markets do apply to big corporations. That's how they get so big in the first place. Growing big is a common outcome of natural selection and possibly the easiest defence to evolve against nature and competitors.

Reply Parent Score: 2

tylerdurden Member since:
2009-03-17

There is no, and there has never been, such thing as a "free market."

Drawing equivalences between evolutionary processes and human economics is also not a good idea. Especially when using language like "evolve against nature..."

Reply Parent Score: 2