The Federal Trade Commission proposes a ban on noncompete agreements.
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Dear reader,

Approximately one out of every five American workers has signed
an agreement to restrict where they can work and who they can work for.
Many of them do not even know it. But the clauses, inserted in work
contracts and known as "noncompete" agreements, prevent workers from
moving from one company to another in the same industry.

This is not just for corporate executives with high-level trade secret
information; janitors, dog groomers, fast food workers and more have
been subject to these constraints. And the newly energized Federal Trade
Commission has vowed to put a stop to it.

In the latest piece for our Prospect special issue on implementing the
Biden agenda, editor at large Harold Meyerson writes about noncompete
agreements and how the proposed ban fits with the beginning of the
restoration of economic liberties for workers. This is being done
through the executive branch because Congress has refused to act, and
it's another of the critical implementation measures that have taken
on new importance in divided government.

You can read Harold Meyerson's important story here.
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READ MORE >>
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This story is part of our latest print issue on implementing the Biden
agenda, giving readers an inside look at how policy is being turned into
reality. You can read the entire issue at prospect.org/implementation.
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READ THE IMPLEMENTATION ISSUE >>
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Thanks for your consideration.

Sincerely,
David Dayen, Executive Editor
The American Prospect

 

 

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