High-fashion workers' bid to revive antitrust lawsuit gets US Justice Dept, state AG support

  • 📰 Reuters
  • ⏱ Reading Time:
  • 30 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 15%
  • Publisher: 97%

Law Law Headlines News

Law Law Latest News,Law Law Headlines

The U.S. Justice Department and 21 state attorneys general are backing the reinstatement of a lawsuit accusing Saks Fifth Avenue and luxury designers of conspiring to limit retail employee mobility. The lawsuit alleges that designer brands such as Louis Vuitton, Gucci, and Prada agreed not to hire Saks employees for six months, while also suppressing wages. The support from the Justice Department and state AGs highlights the anti-worker and anticompetitive nature of such 'no-hire agreements'.

Designer brands, including Louis Vuitton USA, Gucci America and Prada USA agreed not to hire Saks employees for at least six months, according to the proposed class action. The plaintiffs also alleged Saks suppressed wages.

The states and the DOJ were not parties to the private lawsuit, but Biden administration antitrust enforcers have targeted no-poach and non-solicitation pacts as anticompetitive. An attorney for the plaintiffs, Joseph Saveri, welcomed the views of the Justice Department and states to help "shape and develop" the legal issues at the heart of the case.

Chief U.S. District Judge Margo Brodie in Brooklyn, New York, dismissed the workers' case after finding the claims from three former employees at Saks fell outside the four-year window to file an antitrust lawsuit.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 2. in LAW

Law Law Latest News, Law Law Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

More big corporate settlements coming, says departing U.S. Justice Dept officialAs Kenneth Polite steps down this month as the head of the U.S. Department of Justice's Criminal Division, he will leave behind a flurry of major corporate settlements that he told Reuters in an exit interview will hit federal court dockets soon.
Source: Reuters - 🏆 2. / 97 Read more »