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What the FTC's Ban on Noncompete Clauses Means for Workers, Companies

·1 min

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A ban on noncompete clauses is estimated to increase workers’ wages by $400 billion, according to the FTC. However, employers argue that it could jeopardize trade secrets. The ban’s implementation is explained by the WSJ, which highlights the challenges it currently faces.

A ban on noncompete clauses is estimated to increase workers’ wages by $400 billion, according to the FTC. However, employers argue that it could jeopardize trade secrets. The ban’s implementation is explained by the WSJ, which highlights the challenges it currently faces.