This week, the Federal Trade Commission (FTC) made a significant move by banning noncompete contracts for anyone but senior executives. The concept of a noncompete stops someone from joining competitor firms after leaving a job. This decision is a major shift in workplace rules but is likely to be challenged in court by many businesses. It’s the first major rule change affecting the entire economy that the FTC has enforced in over 50 years, specifically targeting how businesses compete and the practice of locking down employees, including lower-wage workers, with noncompete clauses. Personally, I liken a noncompete to a nonquit clause… and while I hate government meddling, this rule is an important directive to employers to treat their employees fairly.

Move sets up high-stakes legal clash with business groups over the agency’s power

Found at www.wsj.com