U.S. moves to bar noncompete agreements in labor contracts
I think we&#x27;re all pretty familiar with the arguments <i>against</i> non-competes. Does anybody have a compelling argument <i>for</i> them, as practiced in 2023 in the US?<p>While we&#x27;re at it, does anybody have a compelling justification for allowing non-poach agreements, too?<p>From my perspective, they both seem like a non-durable benefit to $current_employer at the expense of a compounding opportunity cost to the greater economy (insofar as it hinders an efficient execution of the labor-employer matching process).<p>Curious if anybody has an interesting argument for why this is OK. The only thing that comes to mind is &quot;trade secrets&quot; arguments, but don&#x27;t we have separate laws for that?