The FTC wants to ban non-compete clauses. How much power do they really have? episode artwork

EPISODE · Jan 31, 2023 · 22 MIN

The FTC wants to ban non-compete clauses. How much power do they really have?

from The Week in Philly from KYW Newsradio · host Audacy

It’s fairly common for a contract or work agreement to include a non-compete clause, saying the worker can’t go to a competing company for a certain amount of time after leaving their job. But that might not be the case for long - the Federal Trade Commission has put forth a proposal that would ban non-compete agreements. What would that mean for workers and for businesses? The FTC makes rules to prevent unfair competition, but they’re not laws - do they really have the power to make a ban this big? Natalie Pedersen, Associate Professor of Legal Studies at Drexel's LeBow College of Business, helps us explain what’s at stake here and how it could play out.

It’s fairly common for a contract or work agreement to include a non-compete clause, saying the worker can’t go to a competing company for a certain amount of time after leaving their job. But that might not be the case for long - the Federal Trade Commission has put forth a proposal that would ban non-compete agreements. What would that mean for workers and for businesses? The FTC makes rules to prevent unfair competition, but they’re not laws - do they really have the power to make a ban this big? Natalie Pedersen, Associate Professor of Legal Studies at Drexel's LeBow College of Business, helps us explain what’s at stake here and how it could play out.

NOW PLAYING

The FTC wants to ban non-compete clauses. How much power do they really have?

0:00 22:47

No transcript for this episode yet

We transcribe on demand. Request one and we'll notify you when it's ready — usually under 10 minutes.

Frequently Asked Questions

How long is this episode of The Week in Philly from KYW Newsradio?

This episode is 22 minutes long.

When was this The Week in Philly from KYW Newsradio episode published?

This episode was published on January 31, 2023.

What is this episode about?

It’s fairly common for a contract or work agreement to include a non-compete clause, saying the worker can’t go to a competing company for a certain amount of time after leaving their job. But that might not be the case for long - the Federal Trade...

Can I download this The Week in Philly from KYW Newsradio episode?

Yes, you can download this episode by clicking the download button on the episode player, or subscribe to the podcast in your preferred podcast app for automatic downloads.
URL copied to clipboard!