Google, Apple, Intel and Adobe have ended a lawsuit over their ‘no hire' joint agreement and agreed to pay almost £200m in joint fines.
The firms were accused of colluding to stop the free flow of workers between their offices, and were said to have agreed not to hire each other's staff.
Silicon Valley individuals baulked at this, and a lawsuit against the companies was launched in 2011.
According to a report from Reuters, the firms have already agreed to pay the fines in order to avoid playing out the drama in court.
The case was expected to be quite revealing and the firms had apparently made an official request to keep former Apple CEO Steve Jobs and his views on hiring out of the courts.
The firms wrote in a filing: "Plaintiffs' only purpose for offering this testimony would be improper – to cast Mr Jobs in a bad light. Free-floating character assassination is improper."
Jobs was not the only person to be implicated, and Google's Eric Schmidt was to be accused of trying to keep no-hire arrangements quiet.
While the firms have not yet confirmed this to V3, Reuters says the quartet will avoid fines that could have impacted 64,000 workers and could have led to fines that totalled billions.
The firms have already ended one investigation into the agreement and settled with the US Department of Justice over the policy in 2010, and this is not the first time that they have tried to quash the civil case.
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