President Biden promised during his campaign that if elected he would take federal action against non-competition agreements. On July 9, 2021, Biden issued a broad executive order aimed at making good on that promise. He asked the Federal Trade Commission (FTC) to issue a rule either banning or limiting non-competition agreements. Such a rule, he said, will promote competition and raise wages, by removing barriers to job mobility.
Non-competition agreements are widely used in private industry,… More