Antitrust settlement proposal from Apple rejected

The district judge of California has rejected 324.5 million dollar anti poaching settlement proposed by Apple. According to CNBC Lucy Koh the judge announced that the amount is below the range of reasonableness.

Antitrust settlement proposal from Apple rejected

Other companies include Google, Adobe and Intel all of which are accused of not agreeing to hire each other’s employees.

Right now it is not clear what the new settlement amount will be. Former employees of these companies were looking for 9 billion dollars in lost wages.

Tags: |

Check out these as well.