2min chapter

Open to Debate cover image

Should the FTC Ban Non-compete Clauses?

Open to Debate

CHAPTER

Should the FTC Ban on Compete Clauses?

I think it's maybe useful to kind of step back from this and think about exactly who wins from having non-competes. So for one, it's existing firms who want to stop new firms from forming and competing with them. The other group who wins is existing firms who wants to prevent other firms from being able to poach their workers. And I think it's just important to remember that just because existing firms really like their non- Compete clauses does not mean they're good for the workforce or bad for the economy in general.

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