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Apple, Google agree to settle antitrust lawsuit over hiring deals

Published on Apr 25, 2014 3:43 AM
 
People wait on a street in front of an Apple store as they await sales of the new iPad in the Apple store in Munich in this file photo taken March 16, 2012. Four major tech companies including Apple and Google have agreed to settle a large antitrust lawsuit over no-hire agreements in Silicon Valley, according to a court filing on Thursday. -- PHOTO: REUTERS

SAN FRANCISCO (REUTERS) - Four major tech companies including Apple and Google have agreed to settle a large antitrust lawsuit over no-hire agreements in Silicon Valley, according to a court filing on Thursday.

Terms of the deal were not disclosed.

Tech workers filed a class action lawsuit against Apple Inc , Google Inc, Intel Inc and Adobe Systems Inc in 2011, alleging they conspired not to poach one another's employees in order to avert a salary war.

Trial had been scheduled to begin at the end of May on behalf of roughly 60,000 workers in the class.

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