3 ms·

> No more noncompetes FWIW those were recently completely outlawed: https://www.ftc.gov/news-events/news/press-releases/2024/04/ftc-announces-rule-banning-nonc

> No more noncompetes FWIW those were recently completely outlawed: https://www.ftc.gov/news-events/news/press-releases/2024/04/ftc-announces-rule-banning-noncompetes https://www.ftc.gov/news-events/news/press-releases/2024/04/.... In theory you can happily sign a noncompete and promptly ignore it. Unlawful contracts are unenforceable. That does not diminish the value of unions, though.

matrix87 2y ago
I'm aware of the FTC rule, but that's subject to change depending on who's currently in the white house Also some of Harris's donors are pushing her to get rid of Lina Khan. Even if she wins, the rule might not stay around
- analogwzrd 2y ago
  That Chevron Deference decision might change the authority that the FTC has in interpreting that.
- hughesjj 2y ago
  Lina Khan is like 90% of the reason I'm enthused by Biden (now Harris) and it would be an even bigger tragedy than when Google kicked her out of New America. I sincerely hope they don't do that, given I'm far from alone in admiration of Lina
papercrane 2y ago
The FTC decision has already been halted by a Texas court nationwide. It's probably going to make it's way to the Supreme Court eventually, but given the courts recent rulings I suspect the FTC rule won't survive. https://corpgov.law.harvard.edu/2024/09/05/ftc-noncompete-rule-is-set-aside-but-appeal-is-expected-and-states-may-act/ https://corpgov.law.harvard.edu/2024/09/05/ftc-noncompete-ru...
- toomuchtodo 2y ago
  https://eig.org/state-noncompete-map/ https://eig.org/state-noncompete-map/ > Nearly one in five workers in the United States are bound by a noncompete agreement preventing them from finding a new job or starting a business in their field when they leave their employer. Noncompetes are currently governed at the state level, and as a growing body of research shows that noncompetes suppress wages, reduce job mobility, and stifle innovation, states are moving rapidly to restrict them. Currently, four states ban the use of noncompetes entirely and 33 states plus DC restrict their use.
  - nielsbot 2y ago
    Saw an interesting interview on The Majority Report with David Dayen about the FTC ruling and non-competes in general: https://www.youtube.com/watch?v=6VYKxGglmnA https://www.youtube.com/watch?v=6VYKxGglmnA
joshkel 2y ago
The FTC rule banning noncompetes was blocked by the courts: https://www.npr.org/2024/08/21/g-s1-18376/federal-judge-tosses-ftc-noncompetes-ban https://www.npr.org/2024/08/21/g-s1-18376/federal-judge-toss... As explained by the FTC, "A district court issued an order stopping the FTC from enforcing the rule on September 4. The FTC is considering an appeal. The decision does not prevent the FTC from addressing noncompetes through case-by-case enforcement actions." (https://www.ftc.gov/news-events/features/noncompetes https://www.ftc.gov/news-events/features/noncompetes)

matrix87 2y ago

I'm aware of the FTC rule, but that's subject to change depending on who's currently in the white house Also some of Harris's donors are pushing her to get rid of Lina Khan. Even if she wins, the rule might not stay around

analogwzrd 2y ago
That Chevron Deference decision might change the authority that the FTC has in interpreting that.
hughesjj 2y ago
Lina Khan is like 90% of the reason I'm enthused by Biden (now Harris) and it would be an even bigger tragedy than when Google kicked her out of New America. I sincerely hope they don't do that, given I'm far from alone in admiration of Lina

papercrane 2y ago

The FTC decision has already been halted by a Texas court nationwide. It's probably going to make it's way to the Supreme Court eventually, but given the courts recent rulings I suspect the FTC rule won't survive. https://corpgov.law.harvard.edu/2024/09/05/ftc-noncompete-rule-is-set-aside-but-appeal-is-expected-and-states-may-act/ https://corpgov.law.harvard.edu/2024/09/05/ftc-noncompete-ru...

toomuchtodo 2y ago
https://eig.org/state-noncompete-map/ https://eig.org/state-noncompete-map/ > Nearly one in five workers in the United States are bound by a noncompete agreement preventing them from finding a new job or starting a business in their field when they leave their employer. Noncompetes are currently governed at the state level, and as a growing body of research shows that noncompetes suppress wages, reduce job mobility, and stifle innovation, states are moving rapidly to restrict them. Currently, four states ban the use of noncompetes entirely and 33 states plus DC restrict their use.
- nielsbot 2y ago
  Saw an interesting interview on The Majority Report with David Dayen about the FTC ruling and non-competes in general: https://www.youtube.com/watch?v=6VYKxGglmnA https://www.youtube.com/watch?v=6VYKxGglmnA

joshkel 2y ago

The FTC rule banning noncompetes was blocked by the courts: https://www.npr.org/2024/08/21/g-s1-18376/federal-judge-tosses-ftc-noncompetes-ban https://www.npr.org/2024/08/21/g-s1-18376/federal-judge-toss... As explained by the FTC, "A district court issued an order stopping the FTC from enforcing the rule on September 4. The FTC is considering an appeal. The decision does not prevent the FTC from addressing noncompetes through case-by-case enforcement actions." (https://www.ftc.gov/news-events/features/noncompetes https://www.ftc.gov/news-events/features/noncompetes)