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- cross-posted to:
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The Federal Trade Commission narrowly voted Tuesday to ban nearly all noncompetes, employment agreements that typically prevent workers from joining competing businesses or launching ones of their own.
Why is good for athletes and ceos? And is that the specific line that you would draw? NC seems like it benefits corporations and organizations but almost never individuals. Seems better to eliminate all together to me.
It’s fine for them because they’re being paid tens and hundreds of millions. And they can easily reject the contract and not sign. Don’t act like a cleaning lady and an NBA player are in the same boat
“It’s fine for them” isn’t a reason to keep something in place. That will just allow it to creep closer and closer to the cleaning lady (I don’t think many cleaning ladies are signing non competes though - this is not a representative example). Non competes are typically for higher level talent, the line between it specialist, physicians, minor league athletes and ceos and NBA players starts to blur. There is no good argument to keep these.