Why the Feds Want to Kill Noncompetes

You might think of noncompete agreements as mostly limited to highly skilled, highly paid tech workers to protect trade secrets. But one-third of workers bound by noncompetes make $13/hour or less: fast-food workers, security guards, and the like.

Noncompete clauses not only give employers leverage over their employees—both during and after their employment—but studies have shown the agreements are a weight on the economy, which is why the FTC is angling for a federal ban. 

Guest: Elizabeth Wilkins, director of the Office of Policy Planning, Federal Trade Commission

Host: Lizzie O’Leary

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