WASHINGTON, D.C. — Today, the Federal Trade Commission (FTC) released the final rule banning non-compete agreements. In response, Demand Progress Education Fund Corporate Power Director Emily Peterson-Cassin issued the following statement:
“Non-competes have long constrained workers and restricted their career choices. We commend the FTC for taking a strong stance against this egregious use of corporate power, thereby empowering workers to switch jobs and launch new ventures, and unlocking billions of dollars in worker earnings.
“Workers are well aware of the detrimental effects of these clauses. Beyond the 20,000 comments submitted to the FTC, Demand Progress gathered over 100,000 signatures for our petition advocating for a ban. This serves as a powerful illustration of how corporate dominance curtails freedom, and highlights the steps we can take to counteract it.”