U.S. Judge Approves Settlement In EBay Case Over Tech Hiring

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U.S. Judge Approves Settlement In EBay Case Over Tech Hiring

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U.S. Judge Approves Settlement In EBay Case Over Tech Hiring

by Wochit 0:48 mins

U.S. Judge Approves Settlement In EBay Case Over Tech Hiring

by Wochit 0:48 mins

A U.S. judge on Tuesday approved a settlement between federal antitrust authorities and eBay Inc over allegations that eBay agreed to refrain from soliciting a rival company's employees. Under the deal, announced earlier this year, eBay said it would not make deals with other technology companies about poaching each others' employees. Hiring in Silicon Valley has been increasingly scrutinized. Six companies including Apple and Google settled with federal authorities in 2010 over non-solicitation deals, without paying money. eBay agreed to pay $3.75 million to compensate workers impacted by the no-poach deals as part of a settlement with California antitrust regulators.

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