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Add comment on:Silicon Valley monopolies conspired against high-tech workers
In early 2005, as the most recent boom phase of the capitalist industrial cycle came into sight, Apple’s Steve Jobs arranged a secret and illegal pact with Google’s Eric Schmidt to hold down their workers' wages by agreeing not to recruit each other’s employees, sharing wage scale information, and punishing violators. Subsequently, computer chip-making giant Intel and software producer Adobe, along with smaller companies Intuit, Pixar, and Lucasfilm (the latter two controlled by Jobs and later sold to Disney), were drawn into the conspiracy.
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