Chamber of Commerce and business groups sue FTC over ban on noncompete agreements

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After the Federal Trade Commission voted to block new noncompete agreements on Tuesday, business groups and the U.S. Chamber of Commerce have taken action.

A lawsuit was filed Wednesday by the Chamber of Commerce, Business Roundtable, Texas Association of Business, and the Longview Chamber of Commerce seeking to block the ban on noncompete agreements.

“These agreements benefit employers and workers alike—the employer protects its workforce investments and sensitive information, and the worker benefits from increased training, access to more information, and an opportunity to bargain for higher pay,” the plaintiffs wrote in the lawsuit.

A noncompete ban would allow 30 million people to change jobs within their industry and earn more money, according to the FTC. Presidentis cracking down on "non-compete agreements," contracts that employers use to prevent their workers from changing jobs even if that job will pay a few…Rep.

 

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الإمارات العربية المتحدة أحدث الأخبار, الإمارات العربية المتحدة عناوين