Why Have Non-Compete Agreements Become So Common?

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US regulators recently proposed a ban on non-compete agreements. These are clauses in a contract that prevents someone from jumping to a rival company. The Federal Trade Commission wants to ban non-competes altogether. Next week, FT correspondents and special guests will hold a special webinar on Ukraine. We'll also have an exclusive look at some of the stories they've covered this year.

Nigeria’s highest court slapped a temporary ban on the plan to replace the country’s largest currency notes, and US regulators may ban non-compete clauses that stop workers from jumping to a rival company for a certain amount of time after quitting.

Mentioned in this podcast:

Nigeria’s top court halts botched plan to replace currency notes

US companies mount resistance to proposed ban on non-compete clauses

FT Live: Putin’s war on Ukraine: One year on

Lina Khan on CNBC

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The FT News Briefing is produced by Fiona Symon, Sonja Hutson and Marc Filippino. The show’s editor is Jess Smith. Additional help by Peter Barber, Michael Lello, David da Silva and Gavin Kallmann. Topher Forhecz is the FT’s executive producer. The FT’s global head of audio is Cheryl Brumley. The show’s theme song is by Metaphor Music.

Read a transcript of this episode on FT.com

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