17 ms·
Surely this is a balancing act, though. Federal regulatory agencies are such a revolving door that their expertise is a punchline and regulatory capture is now
by tacitusarc 2y ago
Surely this is a balancing act, though. Federal regulatory agencies are such a revolving door that their expertise is a punchline and regulatory capture is now a mainstream concept.
One lens is that noon competes are bad and abusive, so this ruling is bad. And I get that, because I agree fundamentally with the premise. But another lens is that there are systemic issues at play, and allowing a federal agency to unilaterally restrict which types of contracts individuals can enter which express power to do so may have unforeseen consequences.
I guess I’d like to know what the rule is. What kinds of contracts could be restricted? Which ones would not be? Maybe Congress could pass a law stating no contract may restrict employment opportunities after the relationship is terminated, or something to that effect.