4 ms·
Reminder that the only state in the US that does not recognize non-competes is California [1]. If you are starting a business California is still a place compe
by drawkbox 6y ago
Reminder that the only state in the US that does not recognize non-competes is California [1].
If you are starting a business California is still a place competition exists.
Non-competes are the most anti-business, anti-worker, anti-innovation and anti-American thing you can think of.
Non-competes are like fixed authoritarian markets that appear open but are actually nearly mafia state controlled by the existing players.
Sure once you get big you might want to lock down the gains, but while growing and disrupting the lack of non-compete recognition is a huge things for both workers and businesses.
The ban on non-competes should be nationwide and California has always had that pro-worker, pro-business, pro-market policy in place [1]. When the AG of a state is calling for that to be nationwide, you know you are in a place that values value creation without limitation or blocking competition.
[1] https://oag.ca.gov/news/press-releases/attorney-general-becerra-calls-nationwide-ban-non-compete-agreements-reminds https://oag.ca.gov/news/press-releases/attorney-general-bece...