Arlington, VA — The Federal Trade Commission (FTC) is moving forward with its controversial decision to appeal the court’s ruling that overturned the agency’s blanket ban on non-compete agreements. The American Consumer Institute (ACI) strongly opposes this appeal, arguing that the FTC’s continued focus on this issue diverts resources from more pressing concerns that could protect consumers.
Key Takeaways:
- Non-Competes Have Market Value: Existing research shows that non-competes serve a useful purpose in protecting employers’ investments in employee training and education.
- FTC’s Overreach: The agency already has the authority to challenge problematic non-competes on a case-by-case basis, making the total ban unnecessary.
- Misallocation of Resources: The FTC’s pursuit of a total ban diverts attention from efforts that could better serve consumer interests and address genuine harm.
The American Consumer Institute urges the FTC to abandon its costly and unnecessary appeal of the court’s decision. Instead, the agency should focus on addressing non-competes where real harm is evident and prioritize its resources to protect consumers effectively.
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