Antitrust

Shearman & Sterling Antitrust Annual Report 2019

Shearman & Sterling LLP

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S H E A R M A N & S T E R L I N G L L P | 6 1 CARTELS No-poach or non-solicitation agreements have been a focus of government examination for several years. In October 2016, the U.S. Department of Justice (DOJ) and the U.S. Federal Trade Commission (FTC) (collectively Antitrust Agencies) heightened their awareness of the issue with a detailed joint guidance document to human resource professionals and hiring managers (HR Guidance). Continued overleaf NO-POACH AGREEMENTS RAISE ISSUES FOR COMPANIES WITH EMPLOYEES IN THE UNITED STATES BY TODD STENERSON AND MATT MODELL

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