from Hacker News

FTC Bans Noncompete Clauses

by DarkContinent on 4/23/24, 7:15 PM with 3 comments

• by Finnucane on 4/23/24, 7:41 PM

  This appears to be the correct link:

  https://www.wsj.com/politics/policy/ftc-bans-noncompete-clau...

  '“If they can issue regulations with respect to unfair methods of competition, then there’s really no aspect of the U.S. economy they couldn’t regulate,” said Neil Bradley, head of strategic advocacy for the Chamber.'

  Neil Bradley admits the US economy is fundamentally unfair.

• by RoyTyrell on 4/24/24, 6:07 PM

  I don't have an issue with non-compete clauses if they offered fair terms to the employee but frequently they don't. Something like, we will pay you some reasonably high percentage, if not all, of your salary for the duration of the time we don't you working for a potential competitor. Also, it's much most personally costly for a private citizen to defend enforcement of non-compete than it is for a company.

• by pavel_lishin on 4/23/24, 7:18 PM

  Link does not seem to point to an article with that title.