Trump’s FTC Surrenders to Big Tech on Noncompetes
Today, the Federal Trade Commission dropped its defense of the rule banning noncompete clauses. The announcement comes the day after President Donald Trump hosted two dozen Big Tech executives at the White House. Demand Progress Education Fund was a strong supporter of the noncompete rule.
The following is a statement from Demand Progress Education Fund Policy Director Emily Peterson-Cassin:
“The day after Big Tech executives took turns lavishing praise on President Trump at the White House, his FTC surrendered on the noncompete rule. Trump gets his ego stroked, Big Tech CEOs get to ban millions of workers from taking new jobs and the American people get left out of the conversation yet again. The FTC’s decision to stop defending the noncompete rule in court is wildly anti-worker and serves no purpose other than to do the bidding of Big Tech.”