US judge will not block Biden administration ban on worker 'noncompete' agreements
- U.S. District Judge Kelly Hodge denied ATS Tree Services' bid to block the FTC's noncompete ban, which will take effect in September.
- The FTC asserts that banning noncompete agreements could save healthcare costs by $194 billion and raise worker earnings by $524 annually.
- Hodge noted that the FTC has the authority to create rules against practices deemed anticompetitive.
Insights by Ground AI
Does this summary seem wrong?
Coverage Details
Total News Sources0
Leaning Left0Leaning Right2Center5Last UpdatedBias Distribution71% Center
