US court rejects 350 mln dollars offered by Google, others to settle anti-trust litigation
A court of law has reportedly rejected a 350 million dollars settlement offered by four tech giants to settle a lawsuit filed by these companies' workers, who have accused these companies of conniving to avoid poaching each other's employees.
The United States District Judge Lucy Koh rejected the offer saying that the settlement was too low in comparison to the strength of the case against the four companies including, Google, Apple, Intel and Adobe, reported Stuff.co.nz.
The judge also added that there was strong and compelling evidence that suggested that the Apple co-founder Steve Jobs played a central role in the conspiracy. The evidence consists of e-mails exchanged between Jobs and the executives of the other companies.
The employees claimed in a lawsuit filed in 2011 that the conspiracy impinged their job mobility and limited their salaries.
(Posted on 10-08-2014)