Google's Antitrust Strike Four -- sentenced to five years of DOJ/Court supervision
The DOJ busted six companies, Google, Apple, Intel, Adobe, and Intuit for "naked restraint of trade" in collusively agreeing to not poach each others employees and reducing their employees' ability to be paid what a fair market would bear. See the DOJ statement; complaint; Final Judgment. (and Google's spin that they were very busy changing the world and that everybody was doing it... self-justification -- is here.)
- This is a logical extension of the FTC investigation last summer that forced Google and Apple to cease having overlapping board seats because that was judged anti-competitive collusive behavior.
- Moreover, Google and Apple were at the center of this DOJ antitrust prosecution, in that three of the five illegal agreements involved each of them.
What's notable here?