A PYMNTS Company

US: Disney’s Pixar, Lucasfilm settle non-compete lawsuit

By  |  July 15, 2013

Units of the world’s largest theme park operator Walt Disney Co. reportedly settled an antitrust suit lodged against the company for its non-compete agreements. Disney-owned Pixar and Lucasfilm told a federal judge in California of the settlement agreement to end the lawsuit, filed in September 2011 by a group of high-tech employees that claimed Disney’s agreements with rivals not to hire each other’s employees lead to the fixing of employee compensation in violation of antitrust law. Disney representatives did not immediately respond to requests for comments, say reports.

    Get the Full Story

    Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required.

    yesSubscribe to our daily newsletter, PYMNTS Today.

    By completing this form, you agree to receive marketing communications from PYMNTS and to the sharing of your information with our sponsor, if applicable, in accordance with our Privacy Policy and Terms and Conditions.

    Full Content: Bloomberg

    We’d love to be your preferred source for news.

    Please add us to your preferred sources list so our news, data and interviews show up in your feed. Thanks!

    Add as Preferred Source

    Want more news? Subscribe to CPI’s free daily newsletter for more headlines and updates on antitrust developments around the world.