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FTC bans non-compete agreements

submitted by MaryXmas to news 1 weekApr 23, 2024 20:13:50 ago (+5/-0)     (thehill.com)

https://thehill.com/business/4615452-ftc-votes-to-ban-non-compete-agreements/

This is huge news.


10 comments block

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[ - ] RabbiKinderschtupper 4 points 1 weekApr 23, 2024 21:50:38 ago (+4/-0)

I bet the owner of my last job is seething. He loved those stupid things.

[ - ] Thyhorrorcosmic103 2 points 1 weekApr 24, 2024 03:08:52 ago (+2/-0)

Now do NDA's.

[ - ] BoozyB 2 points 1 weekApr 23, 2024 20:19:19 ago (+2/-0)

I have no opinion beyond that we allegedly live in a free country. (cue hysterical 🤣🤣😂😂)
However, don't we have a Congress that is supposed to act on things like this??

[ - ] MaryXmas [op] 1 point 1 weekApr 23, 2024 21:53:40 ago (+1/-0)

Yeah congress voted to support. The vote was today.

[ - ] MaryXmas [op] 1 point 1 weekApr 23, 2024 21:58:16 ago (+1/-0)

I have mixed feelings about this. The businesses like them and that is their right to do so, but they are terrible for the populace and given that they do infringe on liberty, I don't think they are morally correct. I say let the Democrats and big business Republicans burn in the same fire. Maybe we can all get new jobs that pay a little more.

[ - ] PotatoWhisperer2 2 points 1 weekApr 24, 2024 05:27:57 ago (+2/-0)

The reason businesses like them is that once a worker starts in an industry they can be locked into a company until they can afford to take a few years off of work. This is particularly egregious in high-skill low-pay jobs.

[ - ] NoRefunds 0 points 1 weekApr 24, 2024 08:24:24 ago (+0/-0)

They're not even enforcable anyway.

[ - ] lolxd 1 point 1 weekApr 24, 2024 13:19:41 ago (+1/-0)

It's a civil case, and your former employer can sue you out of the company you built to compete directly with them with cause.

[ - ] NoRefunds 0 points 1 weekApr 24, 2024 15:18:08 ago (+0/-0)

we had engineers steal clients and take over our shit and we still didn't have a case to sue. you don't know what you're talking about.

[ - ] lolxd 0 points 1 weekApr 25, 2024 12:33:15 ago (+0/-0)

Your attorney blew it, your non-compete had a gaping legal hole in it, or a hostile state government took the side of the nearest Jew instead of you. I know an idiot that tried to build a startup after leaving big corpo and basically had to sell everything he owned just to pay restitution.