Employers Should Be Wary Of Serious Antitrust Risks Of “No-Poach” Arrangements
The U.S. Department of Justice (“DOJ”) is making good on its warnings to pursue criminal antitrust charges against employers entering into so-called “no-poach” arrangements with competitors, including arrangements not to hire or solicit each other’s employees or to fix wages. Criminal violations carry the potential for fines of $100 million or more and jail time for individual defendants, and recent civil cases have resulted in hundreds of millions of dollars in settlements.
Scrutiny in this […]