U.S. Moves to Bar Noncompete Agreements in Labor Contracts (NY Times)
A sweeping proposal by the Federal Trade Commission would block companies from limiting their employees’ ability to work for a rival.
In a far-reaching move that could raise wages and increase competition among businesses, the Federal Trade Commission on Thursday unveiled a rule that would block companies from limiting their employees’ ability to work for a rival.
The proposed rule would ban provisions of labor contracts known as noncompete agreements, which prevent workers from leaving for a competitor or starting a competi...
