The Federal Trade Commission narrowly voted Tuesday to ban nearly all noncompetes, employment agreements that typically prevent workers from joining competing businesses or launching ones of their own.

  • kent_eh@lemmy.caEnglish
    1·
    6 months ago

    Non-competes are antisocial, because they blunt one of the few mechanisms capitalism has to keep employers in check – labor market mobility

    Hence the chamber of commerce threatening legal action.

    If businesses can’t abuse the workers, how can they continue to set new profit records every month? Won’t someone think of the poor CEOs?