US: Ban on Non-Compete Agreements | Vantage with Palki Sharma | Subscribe to Firstpost

US Regulator Bans Non-compete Agreements | Vantage with Palki Sharma

The US Federal Trade Commission has banned non-compete agreements than curb workers from joining rival companies or setting up firms in the same industry. Workers have long criticised such contracts, claiming they infringe on a person’s right to work, but US businesses are planning to take legal action against the regulator. The FTC estimated that banning non-competes would increase wages by more than $500 per year. It would also result in the creation of 8,500 start-ups every year. If the economic potential is so obvious, why do businesses insist on making employees sign non-competes? What do the rules in India say? Palki Sharma tells you.

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#usa #ftc #workers #regulatorybodies #firstpost #vantageonfirstpost #palkisharma #worldnews

Vantage is a ground-breaking news, opinions, and current affairs show from Firstpost. Catering to a global audience, Vantage covers the biggest news stories from a 360-degree perspective, giving viewers a chance to assess the impact of world events through a uniquely Indian lens.

The show is anchored by Palki Sharma, Managing Editor, Firstpost.

By breaking stereotypes, Vantage aims to challenge conventional wisdom and present an alternative view on global affairs, defying the norm and opening the door to new perspectives. The show goes beyond the headlines to uncover the hidden stories – making Vantage a destination for thought-provoking ideas.

Vantage airs Monday to Friday at 9 PM IST on Firstpost across all leading platforms.

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