Bedoya flags executive noncompete harms to competitive conditions, franchisee woes

By Chris May (February 28, 2023) -- Senior executives aren’t weak-market actors who need protection from coercion and exploitation through a national ban on noncompete agreements proposed by the Federal Trade Commission, Alvaro Bedoya told a public forum. But the commissioner said tying up C-suite employees with post-employment restrictions hurts competitive conditions and impedes new businesses that are the economy’s “lifeblood.”...

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