TIL During the 2000's, Google, Apple, Adobe, Intel, and several other mega corporations had a mutual agreement not to hire each other's employees in order to keep salaries low. This led to a 400 mil c

inkican@kbin.social · 2 years ago

TIL During the 2000's, Google, Apple, Adobe, Intel, and several other mega corporations had a mutual agreement not to hire each other's employees in order to keep salaries low. This led to a 400 mil c

RemembertheApollo@kbin.social · 2 years ago

And this is why I laugh at libertarians. They always seem to think markets wouldn’t do potentially damaging things to themselves or customers, but history always points to profit as the driving factor, and if harm can happen alongside profits, so be it.

ThesePaycheckAvenging@kbin.social · 2 years ago

So, less than 100M per corp? Chump change.

aeternum@kbin.social · 2 years ago

Fuck corporations. Fuck them to hell.

sunbeam60 · 2 years ago

I guess you don’t go to supermarkets, take a train, wear clothes, drink water from a tap, heat your home, go to the cinema, use a phone and aaaaaall the other things corporations do every single day.

It is fair to argue for different ownership structures (coops etc.) but corporates haven’t provided zero benefit.

BurnTheRight@kbin.social · 2 years ago

That amount is basically telling them to keep doing it. It’s barely even a cost of doing business. So, can we confirm if they actually ever stopped, since there was no punishment?