Federal Trade Commission FTC has proposed rule that would ban essentially all non-compete agreements. Rule would purport to override tens of millions of contracts in every sector. Treasury Department issued Non-Compete Contracts: Economic Effects and Policy Implications.
The Federal Trade Commission (FTC) has proposed a paradigm-breaking rule that would ban essentially all non-compete agreements. If enacted, this rule would purport to override tens of.
Potential competition is distinct from the related concept of nascent competition, which encompasses scenarios wherein an incumbent firm could be competitively constrained in the future by an existing market participant’s product or innovation.
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