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In no-poach agreements, companies agree not to recruit or hire each other’s employees, while in naked wage-fixing agreements, they agree to restrict wages and benefits. (Photo: Shutterstock)

Employers who enter into “no-poach” agreements with other companies, or who engage in wage-fixing agreements, could find themselves facing time in the slammer, if the Department of Justice has anything to say about it.

Marlene Satter

Marlene Y. Satter has worked in and written about the financial industry for decades.

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