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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.

Full Content: Bloomberg

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