In a controversial move shaking up the American workforce, the Federal Trade Commission has banned most noncompete agreements nationwide such as restrictive contracts that have locked millions of workers into their jobs for years. After a deeply partisan 3-2 vote, this sweeping new rule will free around 30 million people from these mobility-restricting clauses, potentially reshuffling vast segments of the labor market. While supporters laud a long-overdue leveling of the playing field, major business groups vow to fiercely fight what they deem government overreach that will stifle competition.

US bans worker 'noncompete' agreements as business groups vow to sue | Reuters

U.S. bans noncompete agreements for nearly all jobs | NPR

FTC Bans Noncompete Agreements That Restrict Job Switching | WSJ