
This is an undeniable win for the whole economy. The US Chamber of Commerce can go f**k itself.
“In the final rule, the Commission has determined that it is an unfair method of competition and therefore a violation of Section 5 of the FTC Act, for employers to enter into noncompetes with workers and to enforce certain noncompetes,” the FTC said.
The US Chamber of Commerce said it will sue the FTC in an effort to block the rule, claiming the ban is “a blatant power grab that will undermine American businesses’ ability to remain competitive.”
In NZ there is a standard ruling that provably onerous non-competes are unenforceable. Sure I’ll sign your crazy 2 year long non-compete you pathetic bully.
Update 25 Apr:
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