Steve Jobs Defied Convention, and Perhaps the Law
Posted in: Legal & Security at 03/05/2014 17:58
If Steve Jobs were alive today, should he be in jail?
That's the provocative question being debated in antitrust circles in the wake of revelations that Mr. Jobs, the co-founder of Apple, who is deeply revered in Silicon Valley, was the driving force in a conspiracy to prevent competitors from poaching employees. Mr. Jobs seems never to have read, or may have chosen to ignore, the first paragraph of the Sherman Antitrust Act:
Every "conspiracy, in restraint of trade or commerce" is illegal, the act says. "Every person who shall make any contract or engage in any combination or conspiracy hereby declared to be illegal shall be deemed guilty of a felony, and, on conviction thereof, shall be punished by fine" or "by imprisonment not exceeding three years, or by both said punishments."