The FTC claims that 30 million U.S. workers are bound by noncompete clauses, indicating a significant market impact.
Organizations Involved
U.S. Chamber of Commerce, various business groups
Company Description
The Federal Trade Commission (FTC) is a U.S. government agency focused on protecting consumers and promoting competition. It aims to prevent unfair, deceptive, or fraudulent practices in the marketplace. The agency has been involved in various regulatory actions, including attempts to ban noncompete agreements that restrict workers' ability to change jobs or start new businesses.