The Federal Trade Commission narrowly voted Tuesday to ban nearly all noncompetes, employment agreements that typically prevent workers from joining competing businesses or launching ones of their own.

  • @[email protected]English
    8•8 months ago

    Is this a big deal in terms of allowing people to more easily quit their jobs and take new ones? Yes.

    Is this a big deal in terms of boosting innovation and economic productivity by allowing ideas to move more freely between businesses? Maybe.

    Is this a big deal in terms of harming businesses or causing radical shakeups at businesses? No. States like California already ban non competes as do most western countries, companies just keep on going, truly proprietary innovations are already going to be covered by NDAs.

    • @charlesEnglish
      7•8 months ago

      Is this a big deal in terms of allowing people to more easily quit their jobs and take new ones?

      Now do healthcare.