2min chapter

Open to Debate cover image

Should the FTC Ban Non-compete Clauses?

Open to Debate

CHAPTER

The Importance of Noncompete Clauses

The FTC's proposal to overturn the laws of 47 states and ban them completely is likely to have real adverse consequences. There's no real proof that we're going to get the explosion in new business starts or innovation that Heidi contends that we might get. So there's a balancing act here and the balancing act noncompetes because they are not permanent, help achieve the balance that we want between innovation and incumbent firms and new business starts.

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