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Federal Trade Commission proposes banning noncompetes for workers | CNN Business

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The Federal Trade Commission said it is proposing a rule to ban employers from imposing noncompete agreements on workers and to rescind all existing noncompete agreements

The FTC’s reasoning: Such agreements, which affect millions of rank-and-file employees and independent contractors across industries, in addition to business executives, have suppressed competition, wages and entrepreneurship.

So, SURPRISE, employers are using noncompete agreements to cut that source of worker power off at [the] knees,” the organization said in a statement. Still, the proposal’s broad parameters, if finalized, are likely to be challenged in court. “As written, this could apply to the janitor and the CEO alike,” said employment attorney Ashley Herd, founder of ManagerMethod.com and a former human resources executive.

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Finally. Thank You FTC 👏

This is not good.

AndreaOrlandosp elsafornero PietroIchino …un mattoncino importante per costruire il partito del lavoro e dei lavori, e dare opportunità ai ns giovani …sbonaccini pinapic …oggi parla di lavoro e salari anche EmmaMarcegaglia

Sounds good

Can the FTC ban certain house of representatives from voting? Asking for a friend. (KEVIN)

COME TO OUR AID!!! UN UNHumanRights MBuhari BBCWorld We the subscribers of UAAG Grant offered by the UN & worldbank, are pleading with humility for the Disbursement of the Grant. FGN NGR Disbursement Committee

CNN sucks.

wwe

Why is CNN still in business? It's certainly not because of news or journalism.

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Company threatened to fine low-wage workers $100,000 if they left for a competitor, feds sayFederal Trade Commission is cracking down on coercive employment agreements that keep workers bound to their jobs. They want to ban an employee making 10 million dollars from being allowed to get a job that requires a non-compete? Stay out of people’s business FTC CBS, did you breathlessly cover this as much as the drunk white girl who said the N-word? Stop giving out free stuff and it will keep people at their jobs, no-brainer!
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