Biden targets noncompetes in EO promoting competition

In a recent Executive Order (EO) on promoting competition in the American economy (https://bit.ly/3hMmWSJ), President Joe Biden encouraged the Federal Trade Commission (FTC) to ban or limit noncompete agreements. In doing so, he continues (and potentially accelerates) what to date has been a piecemeal effort conducted almost exclusively at the state level to limit and, in some cases, prohibit the use of noncompetes, particularly for low-wage workers. Read More...