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May 10, 2024 · May 10 (Reuters) - Aerospace and defense giant RTX's (RTX.N) Pratt & Whitney unit is now the last defendant in a potentially high-stakes lawsuit over an alleged conspiracy to restrict hiring...
- Indicted aerospace managers contest DOJ’s no-hire antitrust ...
The defendants, including a former manager at Raytheon...
- Pratt & Whitney hit with $150 million aircraft engine ...
May 13 (Reuters) - Aerospace giant RTX’s (RTX.N) Pratt &...
- Indicted aerospace managers contest DOJ’s no-hire antitrust ...
Apr 28, 2023 · A former Pratt & Whitney manager and five other aerospace industry executives convinced a judge to acquit them of criminal charges brought by the Justice Department that they agreed not to hire each others’ workers. The US District Court for the District of Connecticut’s mid-trial decision Friday to grant the defendants’ motion for ...
- dpapscun@bloombergindustry.com
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- Pretrial Proceedings
- Trial and Acquittal
- Conclusion
The indictment alleged that an employee of aircraft engine maker Pratt & Whitney conspired with employees of suppliers of outsourced engineering services not to hire or solicit each other’s employees working on projects for Pratt & Whitney. The indictment described the Pratt & Whitney employee as the “primary enforcer” of the alleged no-poach agree...
The trial began on March 29, 2023, and DOJ presented 17 witnesses over the course of 14 trial days. After DOJ rested its case in chief on April 24, the defendants moved for judgment of acquittal, making several arguments. First, they argued that the government had failed to prove a per seagreement to allocate a market. Instead, the evidence merely ...
This loss is not likely to cause the DOJ to shy away from bringing criminal cases with similar facts. The DOJ viewed the evidence as establishing a no-poach agreement among horizontal competitors to allocate a labor market for anticompetitive reasons, like preventing a “price war.” The court’s narrow decision merely found that evidence of “exceptio...
Apr 28, 2023 · A federal judge has dealt another defeat to a government antitrust crackdown, ordering a highly unusual, directed verdict of not guilty in a case against a former Pratt & Whitney director...
Jan 23, 2023 · Raytheon Technologies Corp.'s Pratt & Whitney unit and five other aerospace manufacturers lost their bid to end antitrust litigation over their alleged pact pledging to refrain from recruiting one another’s jet propulsion engineers. Judge Sarala V. Nagala let the case move forward, saying it’s plausible the companies participated in a “no ...
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