Brian Albrecht on the FTC’s Noncompete Rule

ICLE Chief Economist Brian Albrecht was cited by Forbes in an op-ed about the Federal Trade Commission’s vote to ban nearly all noncompete agreements in employment contracts. You can read the full piece here.

In contrast, as economist Brian Albrecht points out, “the FTC’s total ban of non-competes replaces the decision making of businesses and workers, as well as the oversight of state governments, with a one-size-fits-all approach.” Such an approach prevents legal policy from taking into account new information.