FTC’s Khan Doubles Down on Banning Noncompete Agreements, Fighting Junk Fees

FTC’s Khan Doubles Down on Banning Noncompete Agreements, Fighting Junk Fees
Lina Khan, Chair of the Federal Trade Commission, testifies before the House Judiciary Committee in Washington on July 13, 2023. Madalina Vasiliu/The Epoch Times
Andrew Moran
Updated:
0:00

Federal Trade Commission (FTC) Chair Lina Khan doubled down on the agency’s proposal to eliminate noncompete clauses from employment contracts and fight junk fees.

The FTC in January released a proposal to prohibit noncompete clauses—which prevent workers from leaving a company to join a rival company within a specified period—in an effort to bolster wages, increase competition, and improve market opportunities.

Andrew Moran
Andrew Moran
Author
Andrew Moran has been writing about business, economics, and finance for more than a decade. He is the author of "The War on Cash."
Related Topics