2023-01-06
In its own words, the FTC calls noncompete clauses “a widespread and often exploitative practice that suppresses wages, hampers innovation, and blocks entrepreneurs from starting new businesses.” If it goes through, FTC estimates the rule will increase wages by $300B per year. https://twitter.com/...
VICE
The FTC proposes a rule banning non-compete clauses, saying the contracts harm healthy competition in the labor and product markets and block entrepreneurship
the latest move in Lina Khan's ambitious reform agenda. https://www.nytimes.com/... Elizabeth Warren / @ewarren : Imagine you hate your job. The pay is low. The benefits are crummy...