This seems to be a recurring pattern. Should we be worried? What if FAANG just poach all the good talents and put Intel, IBM, Oracle, etc out of business? Is this not anticompetitive?
Competition implies that there are winners and losers. If FAANG just poaches all the talent, then Intel, IBM and Oracle will just have to start competing for the talent they need instead of resting on their laurels.
Anti-competitive would be if they agreed NOT to poach talent in order to keep salaries low.
Anti-competitive would be if they agreed NOT to poach talent in order to keep salaries low.