that it will treat almost all noncompete provisions in employment agreements as illegal should be seen for what it is:for virtually all employees, from the hourly wage workers to the most senior company executives. The vote was strictly partisan, with the commission’s three Democrats favoring the ban and the two Republicans opposing it.
This is one reason that Silicon Valley is not up in arms about the FTC rule. It has been operating under a bar on noncompete agreements from the start. Microsoft, although based in Washington, said last year that it would voluntarily stop enforcing noncompete agreements. Which means that by adopting the rule, the FTC was not risking politically alienating the big Biden tech sector donors.and Microsoft because the rule amounts to a Californication of the rest of the country.
Source: News Formal (newsformal.com)
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