"Noncompetes block workers from freely switching jobs, depriving them of higher wages and better working conditions, and depriving businesses of a talent pool that they need to build and expand," said FTC Chair Lina Khan when the noncompete ban was introduced. Kevin Dietsch/Getty Images hide caption
The U.S. Federal Trade Commission building is seen on September 19, 2006 in Washington, D.C. Paul J. Richards/AFP via Getty Images hide caption
The U.S. Federal Trade Commission building in Washington, D.C. Paul J. Richards/AFP via Getty Images hide caption
The FTC proposed a new rule banning noncompete agreements. Federal Trade Commission chair Lina M. Khan calls them exploitative and widespread. Graeme Jennings/Getty Images hide caption