Expect Increasing Scrutiny Of Wage-Fixing, No-Poach Deals
Law360 (May 5, 2021, 5:50 PM EDT) -- Companies have long sought to prevent their competitors — particularly in skilled fields like life sciences, health care, software development and engineering — from benefiting from the talents and training of their employees.
Examples of such efforts include noncompete agreements between employers and employees, and carefully worded joint venture agreements that prohibit one partner from insourcing the know-how of another partner.
Although noncompete agreements between employers and employees have been subject to scrutiny for years, agreements between employers to restrict solicitation of each other's employees or to fix employee wages have largely flown under the radar.
In fact, it was not...
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