On 23 April, the Federal Trade Commission (FTC) published a new final rule banning non-compete clauses nationwide. The FTC notes that non-compete clauses tend to have a negative impact on competitive conditions in labour markets, as well as in product and service markets. According to the Commission, abolishing them would increase wages by $524 (€490) a year for the average worker and reduce healthcare costs by up to $194 billion (€181 billion) over the next decade. This measure should also...
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Article authors
Nathalie Tran
Editor-in-Chief Mind HR