US Regulator Bans Noncompete Agreements | Vantage with Palki Sharma

The US Federal Trade Commission has banned noncompete 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 noncompetes would increase wages by more than $500 per year. It would also result in the creation of 8,500 startups every year. If the economic potential is so obvious, why do businesses insist on making employees sign noncompetes? What do the rules in India say? Palki Sharma tells you.



USA | Federal Trade Commission | US Regulator | Workers | Noncompete Agreements | Firstpost | World News | News Live | Vantage | Palki Sharma | News

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

Vantage is a groundbreaking news, opinions, and current affairs show from Firstpost. Catering to a global audience, Vantage covers the biggest news stories from a 360degree 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 thoughtprovoking ideas.

Vantage airs Monday to Friday at 9 PM IST on Firstpost across all leading platforms.
​
Subscribe to Firstpost channel and press the bell icon to get notified when we go live.
   / @firstpost  

Follow Firstpost on Instagram:
  / firstpost  

Follow Firstpost on Facebook:
  / firstpostin  

Follow Firstpost on Twitter:
  / firstpost  

Follow Firstpost on WhatsApp:
https://www.whatsapp.com/channel/0029...