New Executive Order Signals Potential Action on Non-Compete Agreements

On July 9, 2021, President Biden issued an Executive Order establishing 72 initiatives aimed at promoting competition in the American economy, lowering consumer prices, increasing worker wages and promoting innovation and economic growth. A Fact Sheet accompanying the order declares that “tens of millions of Americans - including those working in construction and retail - are required to sign non-compete agreements as a condition of getting a job, which makes it harder for them to switch to...
By: Smith Anderson