Web18 feb 2024 · The DOJ explained that companies are considered horizontal competitors when they compete for labor, such as when they compete to hire employees, and … Web21 apr 2024 · A no-poach agreement refers to certain illegal agreements made between competitors not to hire or pursue each other’s employees. Prior to 2016, the DOJ and Federal Trade Commission (FTC) treated these types of non-solicitation agreements exclusively as civil offenses. In 2016, however, the DOJ and FTC jointly released Anti …
DOJ Secures First Criminal Guilty Plea in a No-Poach Case
Web12 apr 2024 · Originally, the deadline for submitting comments was March 20, 2024. Recently, the FTC voted 4–0 to extend the public comment period for an additional thirty days following numerous requests from the public. As such, the FTC will now accept comments on the proposed rule until April 19, 2024. Although all four current … Web4 mar 2024 · The DOJ explained that companies are considered horizontal competitors when they compete for labor, such as when they compete to hire employees, and therefore no-poach agreements “eliminate competition in the same irredeemable way as agreements to fix product prices or allocate customers.”1 Nonetheless, the agencies recognized that … chocolate without milk
Nonsolicitation agreements face antitrust scrutiny DLA Piper
WebIn October 2016, the Department of Justice and the Federal Trade Commission issued joint guidance, putting employers on notice that going forward the DOJ would proceed criminally against no-poach and wage-fixing agreements, punishable by fines of up to $100 million and up to 10 years’ imprisonment. Web29 mar 2024 · Next up for DOJ is a trial in the US District of Connecticut against executives of several aerospace engineering companies engaged in an engineering supplier arrangement for their alleged participation in no-poach agreements. DOJ alleges the executives agreed to restrict the hiring and recruitment of engineers and other skilled … Web31 ott 2024 · Nearly six years after the U.S. Department of Justice (DOJ) and the Federal Trade Commission (FTC) put human resource executives and their companies on notice that no-poach and wage-fixing agreements would be subject to criminal prosecution, the DOJ has secured its first guilty plea in a no-poach case.1 On October 27, 2024, a … chocolate with paraffin wax