FTC Chair Lina Khan vs. Big Tech
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Public Support for Banning Non-Compete Agreements
A proposal to ban non-compete agreements received overwhelming support from individuals and businesses, with 25,000 out of 26,000 comments in favor of the FTC banning non-competes. Commenters from various professions and income levels expressed how non-competes had negatively impacted them. Businesses and entrepreneurs also highlighted that non-competes hindered their market entry and expansion. Some proposed alternatives to non-competes included trade secrets agreements and non-disclosure agreements. The example of California, where non-competes have been non-enforceable for centuries, was cited to demonstrate that innovation thrives without such restrictions.
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