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Federal Trade Commission FTC issued Notice of Proposed Rulemaking to broadly ban use of non-compete covenants throughout country. Proposed rule would supersede all contrary state laws, extend to de facto non-compete clauses.
Federal Trade Commission FTC published Strategic Plan for Fiscal Years 2022–2026 which identifies strategies intended to promote fair competition, such as increased use of provisions to improve worker mobility like restricting non-competes.
Lina Khan was sworn in as Chairwoman of the Federal Trade Commission. In The Wall Street Journal interview, Khan announced agency plans to use enforcement actions to curtail use of covenants not to compete, noted enormous urgency on issue, particularly for low-wage workers.
And yet the same time there are people inside the federal reserve saying we can't run the economy red hot to help the poorer parts of the economy like the minorities not enjoying the job boom in the same way enthat's a tension that once again to put pressure on joe biden and the white house. >> just about to nominate at least three new fed governors for that all-important open market committee. a.b. politically there's a lot here for both parties. >> i think the president was right to tout the high notes of this report and the fact there's worker mobility and get to move up in the economy and ...
The focus on using the antitrust laws to target labor markets has been gaining momentum for years, but the close of 2021 saw the trend hit overdrive with antitrust attacks on perceived...