Employee targeting 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.

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Marlene Satter

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