Impact of Non-Compete Agreements on Worker Mobility and Wages

The chapter explores the detrimental effects of non-compete agreements on workers' job mobility and wage growth, contradicting the belief that such agreements benefit employees. It discusses the economic benefits of banning non-competes and examines alternative agreements that companies may use to restrict employee mobility without overtly using non-competes. The conversation also touches on the challenges faced by the Federal Trade Commission in deciding the scope of banning non-compete agreements and the prospects of implementing a uniform law agreement to address inconsistencies across states.