In simple terms "Silicon valley Wage Cartel"
It is an illegal agreement between seven tech giants, including Apple, Google, and Intel, to suppress wages for tens of thousands of tech employees.
Welcome to " Power Capitalism" where , Powerful people can easily exploit and still claim that the results are driven by the "Market". This is easy when you are both the supplier and the consumer and unfortunately we are the commodities whose prices are fixed by a few.
UNION is an outdated "Socialist" word when it comes to employees.
CARTEL is the same but it applies to Bosses who own the business.
DISCLAIMER:
"I am not GOD so, I admit that I could be wrong anywhere between 0 - 100%"
According to the article:-
The combined workforce of the companies involved totals well over a million employees.
Although the Department ultimately decided to focus its attention on just Adobe, Apple, Google, Intel, Intuit, Lucasfilm and Pixar, the emails and memos clearly name dozens more companies which, at least as far as Google and Apple executives were concerned, formed part of their wage-fixing cartel.
The links below has more information:
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