FTC issues ban on worker noncompete clauses

The Federal Trade Commission voted Tuesday to adopt a near-total ban on noncompete provisions that prohibit workers from switching jobs within an industry, a rule the Chamber of Commerce vowed to immediately challenge in court.

The high-stakes legal showdown comes three years after President Joseph Biden signed an executive order encouraging the FTC to limit noncompete agreements, which affect roughly one in five Americans.

‘Micromanaging’ economy

The rule “opens up a Pandora’s box where this commission or future commissions could be literally micromanaging every aspect of the economy,” Bradley said. “Agencies can’t exercise authority that Congress hasn’t given them. Congress has not given the FTC the ability to write regulations with respect to competition.”

https://www.crainsnewyork.com/politics-policy/ftc-issues-ban-worker-noncompete-clauses

anon smells fvckery.