The Federal Trade Commission on Tuesday banned employers from limiting their workers’ abilities to work for rivals, a sweeping change that the agency says could help raise wages and increase competition among businesses.
The move bars contracts known as noncompetes, which prevent workers from leaving for a competitor for a certain amount of time, in most circumstances. The agency has said the proposal would raise wages and increase competition.
The proposal was approved by the agency in a 3-2 vote. Commissioners Melissa Holyoak and Andrew N. Ferguson, two Republicans, voted against the measure.
The post F.T.C. Issues Ban on Worker Noncompete Clauses appeared first on New York Times.