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by cl42 1783 days ago
You can regulate conspiring. There are tons of laws for this already, either within antitrust, criminal law, etc.

The challenge is proving the conspiring happened. If a CEO specifically admits to calling companies and conspiring, then, well, there's the evidence.

EDIT:

Case in point from 2014 -- "Four major tech companies including Apple and Google have agreed to pay a total of $324 million to settle a lawsuit accusing them of conspiring to hold down salaries in Silicon Valley..."[1]

[1]: https://ca.finance.yahoo.com/news/exclusive-apple-google-pay...

1 comments

What's interesting to me is I thought at first that maybe the only reason this won was because California is one of the few states where non-competes are illegal (this being a form of de-facto non-compete.) Then I read the link and saw that even the Feds (US DOJ) found their practices worth investigating and acting on.

Still, it's weird to think about it. I live in a state where my First Senior role in 2015 paid less than the Cali mandated wage for a basic 'Software Engineer' at the time.