The US Federal Trade Commission (FTC) has recently issued a ban on non-competition clauses in employment contracts. This move by the Commission has been widely welcomed, with US President Joe Biden expressing his support for workers’ freedom to choose jobs that offer better pay and working conditions.
This decision has significant implications for the labor market and the rights of workers across the country, as it means that such clauses in existing employment contracts are now deemed invalid. The FTC’s stance on this issue is likely to have a ripple effect on other countries and may lead to changes in employment laws around the world.
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