Power At Work

Power At Work Blogcast #41: BREAKING NEWS BLOGCAST: FTC Kills Non-Compete Agreements

Apr 25, 2024

Senior Fellow Seth Harris and Director Hannah Garden-Monheit discuss FTC's ban on non-compete agreements, its legal reasoning, impact on labor markets, worker empowerment, and expected legal challenges. They explore how the ban will increase competition, improve worker power, and face potential litigation hurdles.

47:23

Creator website

Episode guests

Hannah Garden-Monheit

Seth Harris

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Highlights

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Episode notes

Podcast summary created with Snipd AI

Quick takeaways

FTC banned non-compete clauses to increase labor market competition.

New rule promotes entrepreneurship, innovation, and economic growth by banning non-compete agreements.

Deep dives

Prohibition of Non-Compete Clauses

The Federal Trade Commission issued a final rule prohibiting employers from including non-compete clauses in employment agreements, voted three to two. This move was encouraged by President Biden's executive order in July 2021 and supported by unions and worker advocates. The rule aims to prevent unfair competition and address the harm non-competes pose to workers by restricting their job mobility.

Worker Power in American Labor Market

01:18

Jurisdiction Clarification on Non-Profits and Public Sector

01:07

Clarity of Authority under the FTC Act

01:19

Introduction

5min

New Rule Banning Non-Compete Clauses

7min

Insights on FTC Rule Against Non-Compete Agreements and Worker Rights

2min

FTC Rule Against Non-Compete Agreements

19min

Exploring the Destructive Reach of Non-Compete Agreements

4min

Implications of FTC Act on Non-Compete Agreements

5min

Discussion on FTC's Regulations on Non-Compete Agreements and Legal Advice for Workers

4min

In this BREAKING NEWS BLOGCAST, Burnes Center for Social Change Senior Fellow Seth Harris is joined by Hannah Garden-Monheit, Director of the Federal Trade Commission's Office of Policy Planning, to discuss the FTC's new rule prohibiting employers from imposing non-compete agreements on their employees. Harris and Garden-Monheit explain the legal reasoning behind the rule and explore how the ban will improve competition in labor markets across the economy.

Tune in for expert analysis on the FTC's authority to issue labor regulations, the expected legal challenges the rule must overcome, and how the ban on non-compete agreements will increase worker power across the nation.

You don't want to miss this BREAKING NEWS BLOGCAST!

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Hannah Garden-Monheit is the director of the Office of Policy Planning at the Federal Trade Commission. Before moving to the FTC, Garden-Monheit worked at the National Economic Council as Special Assistant to the President for Economic Policy and Director for Competition Council Policy.

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Power At Work

Power At Work Blogcast #41: BREAKING NEWS BLOGCAST: FTC Kills Non-Compete Agreements

Episode guests

Podcast summary created with Snipd AI

Quick takeaways

Deep dives

Prohibition of Non-Compete Clauses

Key Elements of the Non-Compete Rule

Labor Market Impact and Enforcement

Implications for Innovation and Business Creation

Worker Power in American Labor Market

Jurisdiction Clarification on Non-Profits and Public Sector

Clarity of Authority under the FTC Act

Remember Everything You Learn from Podcasts